A market economy benefits from market power
A) if the majority of the population are entrepreneurs.
B) if firms with market power do research and development with the profits earned.
C) if market power gets so bad the government creates public enterprises.
D) under no circumstances.
Answer: B
Economics
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A reduction in the federal funds rate could be caused by an:
A. increase in the reserve requirement. B. increase in the discount rate. C. open market sale of government securities. D. increase in the excess reserves of the banking system.
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