Which of the following is not a basic characteristic of monopolistic competition?
A. The use of trademarks and brand names.
B. Recognized mutual interdependence.
C. Product differentiation.
D. A relatively large number of sellers.
Answer: B
Economics
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As a component of GDP, consumption expenditures refers to purchases by consumers of currently produced goods and services
Indicate whether the statement is true or false
Economics
Which of the following factors would increase aggregate demand in the goods and services market?
a. an decrease in stock prices b. an increase in the real interest rate c. a decrease in real incomes abroad d. increased optimism on the part of consumers and businesses
Economics