An advantage of discretionary policy might be that ________
A) it has been shown to be more efficient than rules
B) it is more flexible than rules
C) it requires a binding plan in advance to deal with economic problems
D) all of the above
E) none of the above
B
Economics
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A change in the quantity demanded of a good is:
A) the outcome of a change in income. B) represented by a shift to a new demand curve. C) the outcome of a change in tastes and preferences. D) represented by a movement along the demand curve.
Economics
The market structure in which there is interdependence among firms is
A) monopolistic competition. B) oligopoly. C) perfect competition. D) monopoly.
Economics