Excluding foreign competition, which of the following is an oligopoly in the United States?

a. The computer industry.
b. The automobile industry.
c. The steel industry.
d. All of these are oligopolies.

d

Economics

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Which group would be most likely to benefit from a binding price floor imposed on wheat?

a. buyers of wheat that are seeking lower prices b. sellers of wheat that are seeking higher prices c. sellers of goods considered complements to wheat, hoping to sell larger quantities of their products d. consumer groups hoping to keep overall food prices low

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The Basic Human Needs approach to development emphasizes

a. government money hand-outs to the poor b. subsidizing large labor-intensive production projects c. technical schools for high school graduates d. promoting provision of health, education, shelter and food e. all of the above

Economics