A public utility, such as a water company, is an example of a
a. technological monopoly
b. geographic monopoly
c. natural monopoly
d. government monopoly
Ans: c. natural monopoly
Economics
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The U.S. fiduciary monetary system
A) is the one agency responsible for providing coins and paper currency. B) is one where money is not convertible to a fixed quantity of gold. C) puts capital controls in place. D) controls the private banking system.
Economics
Each of the following is a source of financial capital for a corporation EXCEPT
A) issuing new stock. B) reinvestment of profit or retained earnings. C) issuing bonds or borrowing funds from a bank. D) dividends.
Economics