Suppose All Industries in the Centralized States Are Monopolized

question 59

Multiple Choice

Suppose all industries in the Centralized States are monopolized. It is likely that:

• A) this country will experience higher rates of inflation than a country whose industries are competitive.
• B) this country will experience lower rates of inflation than a country whose industries are competitive.
• C) this country will have higher prices for its goods and services than a country whose industries are competitive.
• D) this country will have lower prices for its goods and services than a country whose industries are competitive.

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Definitions:

Wave Frequency

The number of waves that pass a fixed point in unit time, typically measured in hertz (Hz).

Auditory Tube

Also called the eustachian tube; connects the middle ear to the nasopharynx for the equalization of pressure.

Optic Chiasma

A structure in the brain where the optic nerves (II) partially cross, involved in the visual system.

Visual Field

The entire area that can be seen when the eyes are directed forward, including what can be seen peripherally.