Which of the following is least likely to lead to inflationary monetary policy?

A) rising unemployment
B) expanding federal budget deficits
C) declining oil prices
D) conflict in the Middle East

C

Economics

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Which of the following would most likely be a private good?

A) a Mariah Carey CD B) Sirius Satellite Radio is accessed through a subscription. C) Michigan Radio is the state's most listened-to public radio service. D) iTunes sells songs through their website.

Economics

A firm in a price-taker market:

a. must take the price that is determined in the market. b. must reduce its price if it wants to sell a larger quantity. c. must be large relative to the total market. d. can exert a major influence on the market price.

Economics