If a monopolist can perfectly price discriminate, it will
A) charge the same price for each unit sold.
B) produce until price elasticity of demand equals one.
C) not be concerned with the market demand.
D) charge a different price for every unit sold.
D
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Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap. 
A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary
The furniture industry consists of many manufacturers producing differentiated products. The market structure that best fits the furniture industry is probably
A) perfect competition. B) monopolistic competition. C) monopoly. D) oligopoly.
Money spent on lobbying to eliminate the estate tax is not a cost of the tax system
a. True b. False
If on Monday $1 = 146 Japanese yen and on Friday $1 = 147 yen, the dollar appreciated and the yen depreciated
a. True b. False