Suppose Alexander is successful in establishing a profitable market for his vegan bakery in what is a monopolistically competitive industry. In the long run, Alexander will most likely find it ________ to remain profitable as he faces ________ competition in the vegan bakery market.

Deposits in European banks denominated in dollars for the purpose of international transactions are known as

A) Eurodollars. B) European Currency Units. C) European Monetary Units. D) International Monetary Units.

The misperceptions theory was originally proposed by ________ and rigorously formulated by ________

A) Milton Friedman; Robert Lucas B) John Maynard Keynes; Robert Solow C) Edward Prescott; Robert King D) James Tobin; Greg Mankiw