Restructuring of the natural gas industry has essentially made it a competitive industry

Indicate whether the statement is true or false

F Not quite. Existing pipelines can still keep capacity low in some areas and elevate price, but the industry can operate more efficiently under the restructuring.

Economics

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A sellers' supply curve represents: a. the private cost borne by the sellers. b. the subsidies received by the sellers. c. the taxes paid by the sellers

d. the social cost borne by the sellers.

Economics

If banks demand currency (e.g., Federal Reserve Notes) from the central bank, the effect is to:

a. Increase the nation's monetary base. b. Decrease the nation's monetary base. c. Leave the monetary base unchanged. d. Increase the liabilities of the central bank. e. None of the above is true.

Economics