An open economy refers to an economy with

A) no trade barriers. B) unrestricted immigration.
C) no government intervention. D) international trade.


D

Economics

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A market that will naturally end up with just one seller is a(n)

a. evolutionary monopoly. b. natural monopoly. c. competitive monopoly. d. entry barrier monopoly.

Economics

Equity markets are markets:

A. for stocks. B. for AAA rated bonds. C. for either stocks or bonds. D. of U.S. Treasury bonds.

Economics

Real GDP equals _________ times _________.

Fill in the blank(s) with the appropriate word(s).

Economics

An increase in AD will primarily increase output when the economy is on the flat part of the AS curve.

Answer the following statement true (T) or false (F)

Economics