Which one of the following changes is consistent with a change in an economy's consumption equation from C = $500 billion + 0.80Y to C = $700 billion + 0.80Y?
a. an increase in income taxes
b. an increase in interest rates
c. a decrease in induced consumption
d. an increase in autonomous consumption
e. an increase in savings
D
Economics
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Which of the following markets is most likely to be oligopolistic?
A) The market for corn B) The market for aluminum C) The market for colas D) The market for ground coffees
Economics
Monopolists usually earn economic rent
a. True b. False Indicate whether the statement is true or false
Economics