Price discrimination occurs only in monopolies
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Based on this graph, in most years there is a ______.
a. budget surplus
b. budget deficit
c. balanced budget
d. recessionary budget
Economics
Which is a determinant of demand?
a. Production costs b. Technology c. Amount of economic resources d. Number of buyers
Economics
The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
Economics
The aggregate expenditure line, along with the 45-degree line, determines equilibrium. This model is based on the assumption that
What will be an ideal response?
Economics