The increase in competition in the United States between 1958 and 1988 was not a result of
a. increased imports
b. deregulation
c. antitrust activity
d. penetration of markets by foreign producers
e. import quotas
E
Economics
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Refer to the above figure. Line ACE is called
A) the consumption function. B) the saving function. C) the savings function. D) the 45-degree line.
Economics
Which of the following results in a movement upward along the demand curve for movies?
A) a decrease in the price of movie tickets B) a decrease in income, assuming that movies are a normal good C) a decrease in the price of NetFlix, a substitute for movies D) an increase in the price of movie tickets E) an increase in income, assuming that movies are a normal good
Economics