Windows operative system [ad_1] Some claim that Microsoft is a monopolist because of the Windows operative system: there are no close substitutes for this product and, therefore, Microsoft enjoys positive profits despite making mistakes at times. For example, Windows Vista has been negatively assessed by most users. Do you agree? Briefly explain your answer. [Button […]
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What is a monopoly? [ad_1] What is a monopoly? Can a firm be a monopoly if close substitutes for its product exist? Why are there two definitions of a monopoly, a narrow and a broader one? [Button id=”1″]
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Economic boom [ad_1] Why should a central bank put contractionary monetarypolicy in place during an economic boom rather than letting the economy grow? [Button id=”1″]
Define quantitative easing. [ad_1] In early 2014, it was reported that the Bank of Japan’s (BoJ) governor thought it too early to exit from quantitative easing. Define quantitative easing. Explain why BoJ held back on its exit strategies. [Button id=”1″]
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