A monopolist's demand curve is the same as the marginal revenue curve for the product

What are some of the potential obstacles that can prevent a market from reaching the efficient outcome? Briefly define each obstacle

What will be an ideal response?

The institution ultimately responsible for managing the nation's money supply and coordinating the banking system to ensure a sound economy is called a:

A. central bank. B. national bank. C. public banking system. D. peoples' bank.