The above figure shows Bob's utility function. He currently has $100 of wealth, but there is a 50% chance that it could all be stolen. To reduce the chance of theft to zero, Bob is willing to pay

The central idea of supply-side tax cuts is that certain types of tax cuts will increase

a. aggregate demand. b. aggregate supply. c. the supply of imports. d. the supply of money.

The theory of monopolistic competition was developed in two separate models by

A) Adam Smith and David Ricardo. B) John Kenneth Galbraith and John Maynard Keynes. C) Edward Chamberlin and Joan Robinson. D) Roger Leroy Miller and Paul Samuelson.