Complete the following using the terms listed below:
-A(n) _____ is characterized by relatively few sellers and barriers to entry due to 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:
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