Which of the following cannot be classified as a market structure?

a. Oligopoly
b. Monopolistic Competition
c. Mergers
d. Perfect Competition

c

Economics

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If the money supply is $1,000 . the price level is 3, and real income (or output) is $5,000 . then the velocity of money is _____

a. 0.2 b. 0.6 c. 1.67 d. 5 e. 15

Economics

Which one of the following transactions would be included in GDP?

a. Ms. Kim pays $50 for a used picture frame at a neighborhood garage sale. b. Mr. Doe donates $500 to his town's junior college scholarship fund. c. Ms. Bartolini pays $500 to fix the front end of her car damaged in a recent accident. d. Ms. Smith pays $5,000 to purchase 100 shares of Microsoft stock.

Economics