The demand curve of the monopolistic competitor is likely to be more elastic than the demand curve of the pure monopolist.

The Dow Jones Industrial Average is now based on the prices of the stocks of

a. 30 major U.S. corporations. b. 100 major U.S. corporations. c. 500 representative U.S. corporations. d. 1,000 representative U.S. corporations.

A mortgage-backed security (MBS) is a type of bond whose interest payments and principal repayments derive from the monthly mortgage payments of many households.

Answer the following statement true (T) or false (F)