Within neoclassical growth theory, technological change ________ saving and ________ investment
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
A
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If a price floor of $23 were placed in the market in the graph shown, which area represents deadweight loss?
A. C + F
B. C + D + F
C. G
D. B + C + E + F
Costly actions that a firm undertakes to gain monopoly status are called
a. monopolization. b. rent-seeking activity. c. monopoly-profit seeking. d. collusion.
Game theory is just as necessary for understanding competitive or monopoly markets as it is for understanding oligopolistic markets
a. True b. False Indicate whether the statement is true or false
Changes in aggregate demand can cause fluctuations in _____ and _____ in the short run, and only ____ in the long run
Fill in the blank(s) with correct word