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Unformatted text preview: industries. Correct Answer: mixed market Question 6 1 out of 1 points Which of the following question(s) does an economist attempt to answer? Correct Answer: How should goods and services be produced? Question 7 1 out of 1 points Under ________ competition, many sellers sell differentiated products that serve similar purposes. Correct Answer: monopolistic Question 8 1 out of 1 points Because they operate in a(n) ________ industry, a fare decrease at American Airlines will likely result in decreases at Continental, United, and other carriers. Correct Answer: oligopolistic Question 9 1 out of 1 points The United States federal government influences economic activity by two means, including ________. Correct Answer: fiscal policy Question 10 1 out of 1 points The U.S. government uses ________ policy regulate the money supply and interest rates. Correct Answer: monetary...
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- Spring '07
- Correct Answer, Federal government of the United States