Multiple Choice
Complete the following using the terms listed.
-A(n) _____ is a market structure characterized by relatively few sellers and barriers to entry resulting from high start-up costs.
A) Consumer Price Index (CPI)
B) Inflation
C) Gross domestic product (GDP)
D) fiscal policy
E) monetary policy
F) equilibrium price
G) budget deficit
H) Pure competition
I) supply
J) Demand
K) Productivity
L) recession
M) microeconomics
N) oligopoly
O) monopoly
Correct Answer:

Verified
Correct Answer:
Verified
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