The amount of power that a monopoly has depends on whether there are close substitutes for its product

If the economy is in the expansion phase of a business cycle and investment increases, when the multiplier effect kicks in, the expansion

A) is not effected. B) peaks. C) picks up speed. D) reverses. E) slows down.

The longer the time period considered, the greater the mobility within an income distribution

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