In cases of natural monopolies, society would be better off with many firms competing with each other
a. True
b. False
Indicate whether the statement is true or false
False
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The old adage "rules are made to be broken" would typically be associated with economists who might advocate ________
A) stabilization policy B) monetary policy C) rule-determined policy D) discretionary policy E) fiscal policy
Wage differentials between groups can occur as a result of
a. job market discrimination and premarket discrimination only b. differences in education, job experience, and geographic location only c. job market discrimination and differences in education and job experience only d. premarket discrimination and differences in geographic location only e. premarket discrimination, job market discrimination, and differences in education, job experience, and geographic location