The retail market for video rentals is a monopolistically competitive market. A greater supply of video rental outlets along with the increased availability of substitutes like cable channels would likely make rental rates
a. decrease slightly
b. remain unchanged
c. crash
d. fluctuate wildly up and down
e. increase
C
Economics
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The U.S. switched from being a creditor nation to a debtor nation in:
a. the 1970s b. the 1980s c. the 1990s d. 2008-2009
Economics
On a diagram where the interest rate and the quantity of money demanded are shown on the vertical and horizontal axes respectively, the asset demand for money can be represented by:
A. a line parallel to the horizontal axis. B. a vertical line. C. a downsloping line or curve from left to right. D. an upsloping line or curve from left to right.
Economics