Which of the following is not a characteristic of oligopoly?
A) the ability to influence price B) a small number of firms
C) interdependent firms D) low barriers to entry
D
Economics
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Can nominal GDP ever be less than real GDP?
What will be an ideal response?
Economics
A change in any of the following factors EXCEPT ________ shifts the aggregate demand curve
A) expectations about the future B) the money wage rate C) monetary and fiscal policy D) foreign income E) the foreign exchange rate
Economics