An increase in the price of a good could be caused by
a. An increase in supply

Contractionary monetary policy causes

A) aggregate demand to fall and the price level to rise. B) aggregate demand to rise and the price level to rise. C) aggregate demand to rise and the price level to fall. D) aggregate demand to fall and the price level to fall.

In an industry where firms experience internal scale economies, the long-run cost of production will depend on

A) the size of the market. B) the size of the labor force. C) whether the country engages in intra-industry trade. D) individual firms' fixed costs. E) whether the country engages in inter-industry trade.