Perfect competition and monopolistic competition are similar because under both market structures,
A. there are many firms.
B. production takes place at the least-cost combination.
C. differentiated products are produced.
D. entry is difficult.
Answer: A
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Terms of trade refers to
A) the relative price at which trade occurs. B) what goods are imported. C) what goods are exported. D) the volume of trade. E) the tariffs applied to trade.
If the coupon payment on a bond is $140 and the coupon rate is 4.5%, then what is the price value of the bond?
A. $2,800 B. $146 C. $254.40 D. $3,111 E. There is not enough information provided to answer this question.
The monetary stimulus post-September 11, 2001, achieved some desired effects within the year
a. True b. False Indicate whether the statement is true or false
The demand for current consumption, as plotted against the interest rate, shifts to the right due to all of the following except
A) a decrease in current taxes. B) a increase in future taxes. C) an increase in current income. D) an increase in future income.