In the long run in monopolistic competition, all economies of scale are exhausted
a. True
b. False
B
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Your boss gives you an increase in the number of dollars you earn per hour. This increase in pay makes
What will be an ideal response?
An analysis approach that considers the relationship of a proposed policy to social objectives is called ...
a. Contingent valuation b. Cost-effectiveness analysis c. Hedonic pricing d. Positional analysis e. Risk aversion
Leaders that use group ideas to make decisions
a. autocratic b. laissez-faire c. democratic d. trait
The budget deficits of the 1980s and early 1990s differ from others in the post-World War II era in that they were
A. a result of the Fed rather than a change in fiscal policy. B. temporary rather than structural, and pose no threat to the economy. C. not contracted to fight a war or end a recession. D. contracted as part of a program to plan the economy.