The apparent stickiness of the price of goods sold by oligopolists can be explained by the

In the balance-of-payments accounts, the statistical discrepancy

A) equals the capital account balance minus the current account balance. B) equals the current account balance minus the capital account balance. C) probably reflects hidden capital flows. D) must equal zero.

Which of the following is most likely to be an inferior good?

a. airline travel b. restaurant meals c. a subscription to the Wall Street Journal d. soft drinks e. used clothing