In the Case in Point on economic growth prospects for the United States, economist Robert Gordon expects for the near future:

Some market conditions make cartels MORE likely to succeed in collusion. Which of the following will make collusion more successful?

a. The products are heterogeneous b. The orders are small and frequent c. The firms are all about the same size d. Costs differ across the firms e. Firms are geographically widely scattered

If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors

a. True b. False Indicate whether the statement is true or false