Which of the following is NOT included in aggregate expenditure?

A) government expenditure
B) consumption expenditure
C) net exports
D) taxes
E) investment

D

Economics

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If it is not profitable for more than one firm to be in an industry, we have an example of

A) monopoly due to ownership of key resources. B) monopoly due to governmental entry restrictions. C) monopoly due to economies of scale. D) pure competition.

Economics

The ratio at which a country can trade its exports for imports from other countries is called

A) a trade barrier. B) the terms of trade. C) autarky. D) a free trade agreement.

Economics