The government forcing a monopoly telecommunications company to allow other firms to use its cables is an attempt to

A) regulate prices.
B) decrease the monopoly market power by eliminating a natural monopoly.
C) decrease the monopoly market power by increasing competition.
D) None of the above.

C

Economics

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Nominal GDP is GDP

A) using current market values. B) during a recession. C) minus depreciation. D) after adjusting for any price changes. E) that ignores depreciation.

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Which of the following macroeconomic variables is procyclical and lags the business cycle?

A. Employment B. Business fixed investment C. Stock prices D. Nominal interest rates

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