In Barylia, Greenaqua Corp . is the sole controller of a resource required for the production of bottled drinking water. Therefore, Greenaqua Corp . enjoys:

A) legal market power.
B) natural market power.
C) regulated market power.
D) restricted market power.

B

Economics

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Keynesian theory became important when classical economic theory did not adequately explain:

A. A prolonged period of both inflation and unemployment. B. A prolonged growth recession. C. A depression. D. A prolonged period of inflation. E. Outsourcing.

Economics

The model that states that individuals develop their inflation expectations after considering all the available information is referred to as the:

A) adaptive expectations model. B) marginal expectations model. C) composite expectations model. D) rational expectations model.

Economics