Suppose All Industries in the Centralized States Are Monopolized

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.