A cartel most likely forms in
A) an oligopolistic market.
B) a perfectly competitive market.
C) a monopolistically competitive market.
D) a heavily regulated industry.
Answer: A
Economics
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Of the following nations, the country with the highest saving rate is
A) the United States. B) Japan. C) Mexico. D) Ethiopia.
Economics
If the government sells U.S. Treasury bonds to finance its budget deficit, one would expect:
a. interest rates to rise. b. domestic investment to rise. c. tax rates to fall. d. inflation to rise. e. interest rates to fall.
Economics