Last year in the country of Union, the price level increased and real GDP increased. Such an outcome might have occurred because short-run aggregate supply ... and aggregate demand ...

When the potential threat of new entrants serves to moderate prices in highly concentrated industries, this is called

a. monopoly power b. barriers to entry c. price discrimination d. contestable markets e. nationalization

Health insurance leads to what types of moral hazards?

What will be an ideal response?