Author Question: Which of the following factors can partly explain the long-term growth in production in the U.S. ... (Read 65 times)

panfilo · **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.