All monopolies exist because of:
a. firms' desire to maximize profits.
b. failure of antitrust laws.
c. barriers to entry.
d. natural selection.
c
Economics
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A flight to quality refers to a shift by savers from
A) bonds and into stocks. B) stocks and into gold or other precious metals. C) bonds and into real assets, such as real estate. D) low-quality bonds and into high-quality bonds.
Economics
Which of the following is an interest-earning asset of banks?
a. Required reserves. b. Checkable deposits. c. Excess reserves. d. None of these are interest-earning assets of banks.
Economics