A barrier to entry is
A) a term used to explain why monopolies always make economic profits.
B) a restriction on the profits that a monopoly can make.
C) the situation when the government produces a good instead of relying on private firms to produce the good.
D) a restriction on starting a business.
Answer: D
Economics
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A persistently declining price level resulting from economic growth and unchanged aggregate demand is called
A) demand-side deflation. B) supply-side deflation. C) ozian deflation. D) secular deflation.
Economics
Describe the major types of unemployment.
What will be an ideal response?
Economics