Which of the following would not represent an incumbent's strategy to deter entry?
A) building excess capacity
B) limit pricing
C) patents
D) restricting output
D) restricting outputs
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Most of the pressure for a monetary growth rule has disappeared because since 1980
A) the relationship between movements in interest rates and movements in real GDP and the price level have become much weaker. B) the relationship between movements in the money supply and movements in real GDP and the price level have become much stronger. C) the relationship between movements in the money supply and movements in real GDP and the price level have become much weaker. D) the relationship between movements in interest rates and movements in real GDP and the price level have become much stronger.
Which of the following 95% confidence intervals for the estimate of the population treatment effect is the most convincing evidence that a policy intervention was indeed effective?
A. (-0.5, 0.9). B. (-0.1, 0.5). C. (0.5, 0.75).? D. (-0.2, 0.3).
Refer to the graph below. If the output level increases from Q2 to Q3, then the:
A. Marginal cost of the product becomes closer to its marginal benefit
B. Marginal cost of the product increases while its marginal benefit decreases
C. Marginal cost of the product decreases while its marginal benefit increases
D. Marginal cost of the product stays constant while its marginal benefit increases
When firms enter a monopolistically competitive industry, the industry cost curves shift to the right.
Answer the following statement true (T) or false (F)