Related to the Economics in Practice on p. 683: According to the International Monetary Fund, the top creditor nation in 2013 was

A. China.
B. the United States.
C. Saudi Arabia.
D. Japan.

Answer: D

Economics

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Which of the following is NOT a barrier to entry that would allow a monopolist to keep potential competitors out of its market?

A) Significant economies of scale exist. B) The market price of the product is too high. C) The firm has a patent on the good or control over some resource required for the production of the good. D) The firm has government authorization to be a monopoly.

Economics

It is possible to increase our consumption of a clean environment without giving up anything

a. True b. False Indicate whether the statement is true or false

Economics