Which of the following is an example of a natural monopoly?
a. national defense
b. ocean fish
c. cable TV
d. pizza
c
Economics
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From uncovered interest parity, we know that when the domestic interest rate is greater than the foreign one:
a. the domestic currency is expected to appreciate. b. the domestic currency is expected to depreciate. c. the foreign currency is expected to appreciate. d. the foreign currency is expected to depreciate.
Economics
The ________ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two countries
A) theory of purchasing power parity B) law of one price C) theory of money neutrality D) quantity theory of money
Economics