The most competitive industry is one that has
A. price leadership.
B. open collusion.
C. covert collusion.
D. a cartel.
A. price leadership.
Economics
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The data in the table above are the U.S. balance of payments. What is the current account balance?
A) $0 B) $150 billion C) -$100 billion D) -$150 billion
Economics
Real income per person was the same until:
A. the 1800s, when the Industrial Revolution caused it to grow. B. the 1500s, when the Renaissance caused it to grow. C. the 1900s, when wireless technology caused it to grow. D. Real income per person has been roughly the same for the last three centuries.
Economics