Which of the following examples comes closest to a perfectly competitive market?

a. medical equipment producers
b. cleaning supplies manufacturers
c. agricultural commodities market
d. furniture suppliers

c. agricultural commodities market

Economics

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In an open economy, there should be a

a. close positive relationship between investment and savings. b. a close positive relationship between trade deficits and investment. c. a negative relationship between trade deficits and savings. d. a positive relationship between a country's savings rate and higher domestic interest rates.

Economics

Are there any situations in which running a budget deficit is justified? Explain

Economics