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Complete the Following Using the Terms Listed Below

Question 59

Multiple Choice

Complete the following using the terms listed below:
-_____ is a market structure characterized by a large number of buyers and sellers exchanging relatively homogenous products, with no single participant having a significant influence on price.


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:

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