Which of the following is NOT a feature of monopolistic competition?
A) significant numbers of sellers in a highly competitive market
B) differentiated products
C) sales promotion and advertising
D) inability of firms to enter or exit the market
Answer: D
Economics
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Which of the following would not appear in the investing activities of the statement of cash flows?
A. Sale of investments B. Purchase of land C. Purchase of inventory D. All of the above would appear in the investing section of the statement of cash flows
Economics
The intent of indexing is to: a. reduce inflation gradually
b. shift the long-run Phillips curve to the right. c. take most of the sting out of inflation. d. raise tax revenue automatically during inflation.
Economics