Which of the following best states the main difference between a monopoly and monopolistic competition? A. Monopolistic competition involves corporations and oligopolies while monopolies involve only corporations.

B. Monopolies involve a much lower level of competition than
monopolistic competition.

C. Both monopolies and near monopolies can exist with a certain low level of competition.

D. Monopolistic competition involves slightly differentiated products while monopoly involves a single product.

The answer D. Monopolistic competition involves slightly differentiated products while monopoly involves a single product.

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The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.