Please somebody answer question 13,15,17,25. Thank you! Othe aggregate demand cu
ID: 1122590 • Letter: P
Question
Please somebody answer question 13,15,17,25. Thank you!
Othe aggregate demand curve to the right. QUESTION 13 Oligopoly is a market: O with one firm and many different products. O with many firms and a homogeneous product O with a few firms and the actions of one firm have a large impact on the others. O with a few firms and the actions of one firm have a small impact on the others. QUESTION 14 Inflation is: O sustained increases in the average prices of all goods and services. O sustained decreases in the average prices of all goods and services Osustained increases in the total prices of all goods and services. O sustained decreases in the total prices of all goods and services.Explanation / Answer
13. Ans: with a few firms and the action of one firm have a large impact on the others.
15. Ans: budget deficit to decrease
17. Ans: large ; identical
25. Ans: the total market value of all final goods and services produced in a country in a given year.