Question
1.A monopoly can make profits in the long run because of Select one: Barriers to entry A differentiated product Many competitors Lower prices 2.In a
1.A monopoly can make profits in the long run because of
Select one:
Barriers to entry
A differentiated product
Many competitors
Lower prices
2.In a contractionary phase of the cycle, automatic stabilisers
Select one:
Increase unemployment benefits paid, decrease tax collection and move the budget towards a deficit
Increase unemployment benefits paid, decrease tax collection and move the budget towards a surplus
Decrease unemployment benefits paid, increase tax collection and move the budget towards a deficit
Decrease unemployment benefits paid, increase tax collection and move the budget towards a surplus
3.Expansionary monetary policy means interest rates
Select one:
Decrease and contractionary monetary policy means interest rates increase
Increase and contractionary monetary policy means interest rates decrease
Decrease or increase depending on the stage of the business cycle
Remain unchanged
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