Census data clearly shows the United States economy is becoming increasingly more oligopolistic

Indicate whether the statement is true or false

F

Economics

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National debt decreases in a given year when a country has

A) a budget deficit. B) a balanced budget. C) a budget supplement. D) a budget surplus. E) no discretionary fiscal policy.

Economics

Classical economists think general equilibrium is attained relatively quickly because

A) the real interest rate adjusts quickly. B) the level of output adjusts quickly. C) the real wage rate adjusts quickly. D) the price level adjusts quickly.

Economics