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Author Question: Which of the following factors can partly explain the long-term growth in production in the U.S. ... (Read 57 times)

panfilo

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on: Jun 30, 2018
Which of the following factors can partly explain the long-term growth in production in the U.S. economy?
 a. Trade surpluses and accumulation of precious metals
  b. A gradual but consistent increase in the price level
  c. Growth in population
 d. Improvements in technology
 e. Federal government budget deficits

Question 2

Which of the following is the best example of an oligopoly?
 a. Area restaurants.
  b. The automobile industry.
  c. Agricultural markets free of government support.
  d. Local utilities.


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Liddy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


panfilo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Dnite

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Reply 3 on: Yesterday
Excellent

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