Ceteris paribus, in a closed economy, if consumers become more pessimistic ________
A) autonomous consumption will fall
B) investment will fall
C) saving will increase
D) all of the above
E) none of the above
D
Economics
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In which market structure does one firm sell a good or service with no close substitutes and there is a barrier blocking the entry of new firms?
A) only monopoly B) only oligopoly C) perfect competition D) monopolistic competition E) either monopoly or oligopoly
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Changing how production is organized cannot result in changes in productivity
Indicate whether the statement is true or false
Economics