Absolute monopoly is characterized by the presence of a large number of producers, and each of them has its own policy in supplying the commodity

Select one:

True

False

One of the means used by the state to address the problem of inflation

Select one:

a. Reducing the amount of cash in circulation

b. all of the above

c. Encouraging savings

d. Increase national production

If the required quantities and the supplied quantities decrease in equal proportions, the quantity remains constant and the equilibrium price increases

Select one:

True

False