1. A characteristic of a natural monopoly is that
A. the firm is supported by the consumer and voted into existence by the voters.
B. there's no government intervention in the market.
C. adding businesses in competition would increase cost to the consumer.
D. the firm is dedicated to the use of natural resources.
Student Answer: D
Answer: Incorrect
16. Which of the following is a risk of large-scale government borrowing?
A. Lower interest rates
B. Lower employment
C. Higher prices and interest rates
D. A GDP loss
Student Answer: A
Answer: Incorrect
