When did intellectual property rights become part of trade agreements?

What will be an ideal response?

Uruguay Round

Economics

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What market structures other than oligopoly have the characteristic of one firm's actions affecting the actions of its competitors? Explain your answer

What will be an ideal response?

Economics

Which of the following statements would Milton Friedman agree with concerning the conduct of monetary policy?

A) Information lags are short, enabling the central bank to respond quickly to changes in the economy. B) There is little uncertainty over the effect of a change in the money supply on the economy. C) There are long and variable lags between monetary policy actions and their economic results. D) Wage and price adjustments are relatively slow, so changing the money supply will have a minimal impact on the real economy.

Economics