Which of the following does a government provide as part of a safety net for the people?
a) general elections every four years
b) unemployment compensation
c) a stong military defense
d) regulation of commerce
Ans: b) unemployment compensation
Economics
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One could argue that price competition among oligopolistic firms is highly likely to cause the revenues of individual firms to decline, while competition on the basis of product differentiation could cause demand, and total revenues, of individual
firms to increase. Indicate whether the statement is true or false
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Is Europe an optimum currency area?
What will be an ideal response?
Economics