A bank is an example of a financial intermediary
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Based on the data in the above table, to assure that the efficient amount is produced the government can
A) subsidize the suppliers $8 per unit. B) subsidize the suppliers $2 per unit. C) tax suppliers $2 per unit. D) tax suppliers $8 per unit.
Economics
If a firm is an oligopolist, which is NOT true?
A) It must pay attention to other firms' prices. B) It is one of a relatively small number of firms dominating its industry. C) It can sell all the units it wants at the going market price. D) It is engaged in a strategic game.
Economics