The market structure in which each firm has a monopoly over the product it makes, but many other firms make similar products that compete for the same customers is called

Which of the following will likely have the strongest demand for large expenditures on environmental quality?

a. wealthy countries b. poor countries c. countries with air pollution problems d. countries with water pollution problems

The yield curve is the relationship between the:

a. Real interest rate and expected inflation rate. b. Domestic yield and foreign yield. c. Real yield (i.e., interest rate) and actual inflation. d. Nominal yield and time to maturity of a security. e. Nominal yield on corporate securities and the yield of government securities.