The fast-food industry in the U.S. consists of many firms, but despite that it can still be viewed as an oligopoly because the top few firms control a significant share of the market

Tariffs reallocate income from

A) consumers to producers. B) producers to consumers. C) government to producers. D) consumers to foreigners. E) Both A and D.

The Maastricht treaty was the first step toward

A) having free trade between Russia and China. B) European monetary union. C) gaining credibility for monetary policy. D) reducing the costs of disinflation.