One of the characteristics of an oligopoly is
A) many sellers.
B) easy entry.
C) interdependence in decision making.
D) the use of patents to protect market share.
C
Economics
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What explains any divergence between nominal and real GDP?
A) Constant prices B) Changing prices C) Constant output D) Changing output E) None of the above.
Economics
The term "crowding out" relates to the decrease in
A) consumption expenditure from an increase in investment. B) the real interest rate from a government budget deficit. C) private investment from a government budget deficit. D) saving from an increase in disposable income.
Economics