Recall the Application about the price competition between satellite and cable TV services to answer the following question(s).Recall the Application. The introduction of satellite TV service is a form of:

In the Keynesian model with a variable money wage and variable price level, an increase in the money supply lead to a rise in all of the following except

a. price level. b. output. c. real wage. d. level of employment. e. all of these rise

Which of the following statements is most accurate?

a. Most economic historians believe that the policies of the federal government were an important cause of the Great Depression. b. Most economic historians believe rapid increase in inequality caused the Great Depression. c. The US experienced a relative absence of cyclical unemployment and was relatively free from the mass joblessness that had previously plagued the nation. d. More homogenous communities chose to have higher taxes to fund schools.