Which of the following industries can create barriers to the entry of new firms due to size and specificity?
a. A hydroelectric power plant
b. A garment manufacturer exporting apparels
c. An owner of a retail chain
d. An automobile manufacturing company
A
Economics
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What factors increase potential GDP? Include a definition of potential GDP in your answer
What will be an ideal response?
Economics
If there is no one who is interested in borrowing from a bank:
a. the bank's excess reserves will be zero. b. there will be no process of money creation. c. the required reserve ratio must be equal to zero. d. the required reserve ratio must be equal to 100 percent.
Economics