The market demand curve facing a monopolist is more elastic than the market demand curve facing a monopolistic competitor

A key reason why some nations show little or no growth is

A) overpopulation that overuses limited resources. B) too much private property not directed by the government. C) too much international trade so that all economic growth spills over to foreigners. D) patents in rich nations that keep technology only for the rich. E) lack of incentives to undertake actions toward growth.

Changes in which of the following do NOT affect the natural unemployment rate?

A) the quantity of money B) the minimum wage C) unemployment benefits D) structural change E) the birth rate or other demographic data