Perfectly competitive markets feature relatively high barriers to entry
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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From 2001 to 2005 there was a dramatic change in the price of houses. This change made people feel wealthier and shifted aggregate demand curve to the right. The price of houses must have
a) fallen. b) the price of houses has no effect on wealth and aggregate demand. c) risen. d) remained constant.
Economics
If a bond pays the same coupon payment forever without a maturity, it is known as a
A) perpetuity. B) forever bond. C) discount bond. D) consolidated bond.
Economics