Which of the following would most likely be classified as a natural monopoly?
A) a city water district
B) Microsoft
C) Disneyland
D) Exxon-Mobil
Answer: A
Economics
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Assuming all else equal, the ________, the lower the nominal interest rate
A) lower the inflation rate B) higher the inflation rate C) lower the income tax rates D) higher the income tax rates
Economics
If the price level rises by 5 percent and workers' money wage rates remain constant, firms'
A) quantity of labor demanded will decrease. B) quantity of labor demanded will increase. C) supply of jobs will decrease. D) None of the above answers are correct.
Economics