The market for agricultural products such as wheat or corn would best be described by which market model?

A. Monopolistic competition
B. Pure competition
C. Pure monopoly
D. Oligopoly

B. Pure competition

Economics

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During this year a country reports imports of $1,000 billion, exports of $1,100 billion, foreign investment in the country of $900 billion, investment abroad of $1,200 billion, net interest and net transfers of zero

What is the country's current account balance?

Economics

The more willing monetary policymakers are to raise interest rates when faced with inflation, the ________ the AD curve is, and the ________ responsive equilibrium output is to the inflation rate

A) steeper; more B) steeper; less C) flatter; more D) flatter; less

Economics