The U.S. commercial airline industry is a good example of an oligopolistic market

Expansionary monetary policy involves an increase in the money supply and a fall in interest rates, leading to a positive expansion in income

Indicate whether the statement is true or false

From 2005-2008, the unemployment rate in the United States was significantly different from the rates in France, Germany, and Italy

This is often attributed to the idea that the rate of ________ unemployment in these European countries was ________ than it was in the United States. A) frictional; lower B) structural; higher C) cyclical; lower D) seasonal; higher