Which of the following is the long-run outcome for monopolistic competition?

Which of the following has served most recently as Chairman of the Board of Governors of the Federal Reserve System?

A) Nancy Pelosi B) Alan Greenspan C) Ben Bernanke D) Paul Volcker

The system of sharecropping that emerged after the Civil War (1861–1865)

(a) gave neither the owners of land nor the sharecroppers strong incentives to make improvements in agricultural production. (b) gave both the owners of land and the sharecroppers strong incentives to make improvements in agricultural production. (c) gave the owners of land but not the sharecroppers strong incentives to make improvements in agricultural production. (d) gave the sharecroppers but not the owners of land strong incentives to make improvements in agricultural production.