Holding all else constant, a decrease in consumption taxes, such as sales taxes or a VAT, will ________ aggregate expenditure and ________ employment

In the long run, prices in a monopolistically competitive industry ________ prices without trade.

a. will be higher than b. will be lower than c. will be equal to d. will be the same as

Which of the following is a role of financial institutions?

a) Increasing product demand. b) Diversifying assets to reduce risk. c) Establishing marginal tax rates. d) Controlling inflation.