Savings will always be set equal to investment by the _____, according to the classicals.
Fill in the blank(s) with the appropriate word(s).
interest rate
Economics
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Drug companies are allowed to be monopolists in the drugs they discover in order to
a. allow drug companies to charge a price that is equal to their marginal cost. b. discourage new firms from entering the drug market. c. allow the government to earn patent revenue. d. None of the above is correct.
Economics
Entry leads to higher prices and profits in an industry.
Answer the following statement true (T) or false (F)
Economics