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Author Question: In the United States, the inflation rate has A) remained almost constant over the past 25 years. ... (Read 131 times)

JMatthes

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on: Jun 29, 2018
In the United States, the inflation rate has
 
  A) remained almost constant over the past 25 years.
  B) risen and fallen since the 1970s.
  C) fallen as a result of OPEC oil price hikes.
  D) risen constantly over the past 30 years.

Question 2

A perfectly competitive market is characterized by
 
  A) high barriers to entry.
  B) firms that are price setters.
  C) firms facing a downward sloping demand curve.
  D) no restrictions on entry into the market.


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Sierray

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


JMatthes

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

dantucker

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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