The process of using resources to produce ________ is known as investment.

Customers are most likely buying from a natural monopoly when they purchase

A) aspirin from a generic drug company. B) a laptop computer from Sony. C) a glass of water from the local water company. D) all of the above.

The Washington Consensus argued that transition should begin with

a. The creation of macroeconomic stability b. A free floating exchange rate c. De-privatization d. All of the above e. None of the above