We categorize market structures according to
a. price, function, and size
b. number of firms, entry conditions, and substitutability of goods
c. entry conditions, location, and function
d. number of firms, location, and size
e. number of firms, entry conditions, and size
B
Economics
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An appropriate fiscal policy response when aggregate demand is growing at a slower rate than aggregate supply is to cut taxes
Indicate whether the statement is true or false
Economics
To calculate value added, we need to subtract
A) only the cost of domestically-produced intermediate inputs. B) only the cost of foreign-produced intermediate inputs. C) the cost of domestic- and foreign-produced intermediate inputs. D) total imports.
Economics