The United States Postal Service is an example of a monopoly created by

a. government franchise.
b. copyright.
c. control of scarce inputs.
d. rent-seeking behavior.

A

Economics

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One of the negative side effects of financial globalization is that national economic policies lack the discipline that they did in the past

Indicate whether the statement is true or false

Economics

When a group of workers forms a union, they introduce an element of

A) pure competition into the labor market. B) monopoly into the labor market. C) monopoly into the product market. D) monopsony into the product market.

Economics