Multiple Choice
For a competitive equilibrium to occur,all of the following has to happen except
A) agents are price takers.
B) the government sets taxes at zero.
C) markets clear.
D) the actions of all agents are consistent.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Suppose total factor productivity increases. Which of
Q17: How does an increase in the proportional
Q18: In the model of public goods<br>A) GDP
Q19: A Pareto optimum is a point that<br>A)
Q20: Changes in government spending are not likely
Q22: An economy that has no interaction with
Q23: In a one-period economic model,the government budget
Q24: Which of the following is not equal
Q25: Making use of an economic model is
Q26: The concept of Pareto optimality is a<br>A)