A. Increase interest rates
B. Encourage savings
C. Cut taxes
D. Reduce government spending
A. Assembly line
B. Production line
C. Both of them
D. None of them
A. all of these answers
B. are useful even in socialist economics such as the former Soviet Union
C. provide information about the quality of the product
give firms incentive to maintain high quality
A. Signal
B. Incentive
C. Rationing device
D. Indicator of income
A. shift out in a parallel fashion
B. shift in a parallel fashion
C. Become steeper
D. Become flatter
A. is less than the cost of transporting it between them
B. is greater than the cost of transporting it between them equals the cost of transporting it between them
C. equals the cost of transporting it between them
D. more information in needed to answer this
A. there is some barrier to entry to that market
B. Potential competitors sometimes don’t notice the the profits.
C. the monopolist is financially powerful.
D. antitrust laws eliminate competitors for a specified number of years.
E. of all of the things described in these answers