Price leadership is a form of

A. tacit collusion.
B. explicit collusion.
C. monopolistic competition.
D. a cartel policing mechanism.

Answer: A

Economics

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The time it takes to collect and process data is the biggest source of which lag?

A) implementation lag B) recognition lag C) government lag D) impact lag

Economics

If the Fed wanted to use all three of its major monetary control tools to decrease the money supply, it would:

a. buy bonds, reduce the discount rate, and reduce reserve requirements. b. sell bonds, reduce the discount rate, and reduce reserve requirements. c. sell bonds, increase the discount rate, and increase reserve requirements. d. buy bonds, increase the discount rate, and increase reserve requirements.

Economics