If the government finances an increase in government purchases with an increase in taxes, which of the following would you not expect to see?

In a small town the level of demand is capable of supporting only two gas stations. This market is

A) a natural duopoly. B) perfectly competitive because a homogeneous good is being sold. C) operating as if it was a monopoly. D) an example of monopolistic competition.

Prudential supervision is, in essence, the monitoring of ________

A) borrowers, to enforce restrictive covenants B) intermediaries, to direct credit to preferred sectors of the economy C) holders of an insurance policy, to discourage excessively risky behaviors D) depositors, to discourage sudden withdrawal of funds