Which industry would be best characterized as monopolistically competitive?
A. business cloud-computing services
B. smart-phone manufacturing
C. web design consulting
D. Internet-search sites
Answer: C
Economics
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In the United States, estimates of the natural rate of unemployment in recent years have varied between
A) 0 percent and 2 percent. B) 0 percent and 4 percent. C) 5 percent and 6.5 percent. D) 2 percent and 4 percent.
Economics
In the Keynesian range, the:
a. Aggregate supply curve is vertical. b. Aggregate supply curve is horizontal. c. Aggregate demand curve is vertical. d. Aggregate demand curve is horizontal. e. Aggregate demand is downward-sloping.
Economics