A(n) ________ is an effort to kick-start the economy by increasing government spending or lowering interest rates.

U.S. leadership has recently eroded in just about every aspect of global life except one, and that is its ______ dominance.

Fill in the blank(s) with the appropriate word(s).

For the monopolistically competitive firm, in both the short run and the long run

A) the demand curve is inelastic. B) price will exceed marginal cost. C) there will be no economic profit. D) production will be at minimum average cost.