Except during the Great Depression, net investment has always been ________
A) equal to depreciation
B) equal to zero
C) positive
D) negative
C
Economics
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The transaction demand for money varies
A) directly with the interest rate. B) directly with nominal GDP. C) inversely with nominal GDP only. D) inversely with nominal GDP and real GDP.
Economics
Assume it is announced that a large number of new competitors have entered the market for mountain bikes, each offering a different model. Based on this information, this industry is best characterized as:
A) perfectly competitive. B) a monopoly. C) monopolistically competitive. D) an oligopoly.
Economics