The demand curve for the product of a monopolistic competitor
A) is the same as the market demand curve.
B) is horizontal.
C) is vertical.
D) slopes downward.
D
Economics
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You have a $500 saving bond. The nominal interest rate is 10 percent, and the inflation rate is 4 percent. After a year, in real terms you have earned
A) $70. B) $40. C) $50. D) $510. E) $30.
Economics
A measure that economists use in order to keep track of employment is
a. the price level b. real GDP per person c. real GDP d. the growth rate of output e. the unemployment rate
Economics