After the First World War, Germany experienced an economic condition that can be best described as:

All of the following are possible characteristics of a monopoly except:

A) there is a single firm. B) the firm is a price taker. C) the firm produces a unique product. D) the existence of some advertising.

Which of the following would be of particular interest to a microeconomist?

a. The price of fruit the typical household consumes. b. The nation's inflation rate. c. The nation's rate of unemployment. d. The budget of the national government. e. The growth of the economy.