Too much of society's scarce resources are used to produce goods in monopoly markets

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The Consumer Price Index (CPI) measures

A) the prices of a few consumer goods and services. B) the prices of those consumer goods and services that increased in price. C) the average of the prices paid by urban consumers for a fixed market basket of goods and services. D) consumer confidence in the economy. E) the average of the costs paid by businesses to produce a fixed market basket of consumer goods and services.

Economics

All of the following would be considered a positive addition to household wealth except

A) the equity in one's home. B) the balance in your savings account. C) 500 shares of Google stock. D) a credit card balance.

Economics