As new firms enter a monopolistically competitive market, profits of existing firms ____ and product diversity in the market ____

A possible sequence for the three stages of a financial crisis might be ________ leads to ________ leads to ________

A) asset price declines; banking crises; unanticipated decline in price level B) unanticipated decline in price level; banking crises; increase in interest rates C) banking crises; increase in interest rates; unanticipated decline in price level D) banking crises; increase in uncertainty; increase in interest rates

Jill and Daniel graduate from college in the same year in economics and physics respectively and start looking for jobs. They are competitors in the job market

Indicate whether the statement is true or false