If it becomes more expensive for firms to hold excess capital and labor, the multiplier will

According to the Romer model, tax incentives to support research and development will lead to ________

A) higher tax rates in the future B) an increase in the general level of prices C) a decrease in the general level of prices D) increased per capita income

In the Cournot model, a firm maximizes profit by selecting

A) its output, assuming that other firms keep their output constant. B) its price, assuming that other firms keep their price constant. C) its output, assuming that other firms will retaliate. D) its price, assuming that other firms will retaliate.