Like Real GDP, Investment Fluctuates, but Investment Fluctuates by a Larger

question 226

True/False

Like real GDP, investment fluctuates, but investment fluctuates by a larger percentage.

---

Definitions:

Oligopoly

Market structure in which relatively few sellers compete and high start-up costs form barriers to keep out new competitors.

Planned Economy

Economic system in which government controls determine business ownership, profits, and resource allocation to accomplish government goals rather than those set by individual firms.

Mixed Market Economy

features both private and public enterprise, blending elements of capitalist and socialist economic systems.

Private Enterprise System

Economic system that rewards firms for their ability to identify and serve the needs and demands of customers.