The airline industry is an example of a(n) ________ industry.
A. monopolistic
B. perfectly competitive
C. oligopolistic
D. monopolistically competitive
Answer: C
Economics
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What is the unemployment rate if there are 150 million people employed, 25 million people unemployed, and 25 million not in the labor force?
A) 14.3% B) 13.4% C) 12.5% D) 25.0%
Economics
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Economics