Which of the following is an example of a natural monopoly?
a. Government
b. The railway system
c. An internet service provider
d. An automobile manufacturer
b
Economics
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What assumption about human motivation is made in economics? Explain
What will be an ideal response?
Economics
An appropriate fiscal policy for a severe recession is:
A. a decrease in government spending. B. a decrease in tax rates. C. appreciation of the dollar. D. an increase in interest rates.
Economics