Which of the Following Will NOT Work to Increase the Rate

question 244

Multiple Choice

Which of the following will NOT work to increase the rate of economic growth?

• A) increase saving
• B) limit competition from international trade
• C) improve the quality of education
• D) All of the above will work to increase the rate of economic growth.

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Definitions:

Oligopolies

Market structures in which a few firms dominate the industry, often leading to limited competition and higher prices for consumers.

Outright Collusion

An openly cooperative effort among competitors to manipulate market prices, limit competition, or divide markets among themselves illegally.

Oligopolist

A market participant in an oligopoly, meaning they are one of a few firms dominating a particular industry, often influencing prices and market conditions.

Hewlett-Packard

An American multinational information technology company known for its wide range of hardware components as well as software and related services.