From World War II to the early 1970s, GM, Ford, and Chrysler enjoyed
A. a natural monopoly.
B. market advantage.
C. market power.
D. perfect competition.
Answer: C
Economics
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One of the functions of money is to serve as a:
A. equality enhancer. B. store of value. C. valuation tool. D. sole way to make payments.
Economics
Roughly how large is the difference between U.S. GDP and U.S. GNP?
What will be an ideal response?
Economics
Which of the following is not included when using the expenditure approach to compute GDP?
a. Consumer spending on goods and services b. Net exports c. Government purchases d. Private investment e. Transfer payments
Economics
________ goods are most often greenwashed.
A) Food products B) Experience C) Inspection D) Credence
Economics