When more substitutes become available, a monopolist has __________ power to raise price.

According to classical economists, the credit market reaches an equilibrium when

A) desired investment equals desired saving. B) desired investment equals planned changes in aggregate supply. C) desired investment equals planned investment. D) planned investment equals government expenditures.

A premium death spiral occurs when healthy people leave an insurance pool, which causes premiums to increase, and that causes more people to leave the pool, which results in even higher premiums

Indicate whether the statement is true or false