Collusion

a. is exactly the same thing as competition.
b. involves cooperative actions by sellers at the expense of buyers.
c. requires competitive actions by sellers to win customers from rival firms.
d. can only be achieved in price-taker markets.

B

Economics

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The supply of loanable funds is from

A) firms and the government if it has a budget deficit. B) households and the government if it has a budget deficit. C) firms and the government if it has a budget surplus. D) households and the government if it has a budget surplus. E) households and firms.

Economics

A decrease in "financial frictions" is associated with ________

A) a decrease in the credit spread B) more efficient functioning of financial markets C) reduced real cost of borrowing for businesses D) an increase in planned investment spending E) all of the above

Economics