In the situation involving a bilateral monopoly, a
A) single firm acts as both the monopsonist and the monopoly.
B) single seller sells to a single buyer.
C) monopsonist sells to a monopsonist.
D) monopolist sells to a monopolist.
B
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Which of the following is a primary use for national income accounts?
A. To measure changes in the value of production and income in the economy B. To assess the economic efficiency of specific industries in the economy C. To determine whether there is a fair and equitable distribution of income in the economy D. To analyze the environmental cost of economic growth
Investment is a(n) ____ and capital is a ____ variable.
A. physical; financial B. stock; flow C. asset; liability D. flow; stock
The primary liabilities of a commercial bank are
A) bonds. B) mortgages. C) deposits. D) commercial paper.
The problem of vesting and funding are avoided by __________ pension plans
A) both defined benefit and defined contribution B) defined benefit C) defined contribution D) neither defined benefit nor defined contribution