Collusion is common in oligopoly and monopolistically competitive industries

Indicate whether the statement is true or false

FALSE

Economics

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Which of the following is NOT shown explicitly in the circular flow model?

A) the governments' purchases in the goods market B) the taxes the governments collect from households C) the governments' interaction with firms D) the legal system E) the transfers the governments make to households

Economics

If one dollar buys 10 pesos, then one peso buys ten cents of a dollar

Indicate whether the statement is true or false

Economics