The greater the number of buyers and sellers with access to securities markets, the
A) higher the true equilibrium price will be.
B) higher the yields on securities will be.
C) lower the yields on securities will be.
D) closer securities prices will be to the true equilibrium price.
D
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Why would the government create monopoly power by granting a firm a patent that prevents other firms from competing with the patent holder?
The price of imported oil decreased in 2001 . How did this affect the aggregate supply curve?
a. It became steeper. b. It became flatter. c. It shifted inward. d. It shifted outward.
A demand curve that is drawn as a vertical line has a price elasticity of demand equal to:
A. the quantity. B. 0. C. 1. D. infinity.
Net interest income for a bank is:
A. the difference between interest income and total expenses. B. the difference between gross income and net income after taxes. C. the difference between interest income and interest expense. D. the interest banks earn from uses of funds.