Which of the following is a characteristic of perfect competition?

a. easy entry into or exit from the market
b. a small number of buyers
c. a high degree of government regulation
d. a differentiated product
e. a high degree of collusion

A

Economics

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An increase in the riskiness of corporate bonds will ________ the yield on corporate bonds and ________ the yield on Treasury securities, everything else held constant

A) increase; increase B) reduce; reduce C) increase; reduce D) reduce; increase

Economics

Which of the following statements is CORRECT?

A) Since the mid-1940s, expenditures on national defense have increased considerably as a percentage of total federal government spending. B) Since the mid-1940s, expenditures on income security and health programs have increased considerably as a percentage of total federal government spending. C) Taken together, expenditures on national defense and on income security and health programs now account for less than half of all federal government spending. D) Expenditures on national defense now account for more than twice as much federal government spending as expenditures on income security and health programs.

Economics