A monopolist sells a lesser quantity at a higher price compared to a perfect competitor

Hyperinflation is defined as an inflation rate

A) that doubles each year. B) that increases rapidly in one year and decreases rapidly the next year. C) that exceeds 50 percent per month. D) that is moderately high but anticipated.

In 2012, the U.S. federal government budget had a budget deficit. If there is no Ricardo-Barro effect, this deficit ________ the demand for loanable funds and ________ the real interest rate

A) decreased; lowered B) did not change; did not change C) increased; raised D) decreased; raised E) increased; lowered