The idea behind clustering is that each part of a network is ________ productive operating in isolation, so if governments can push each element of the cluster in unison, they should realize ________ in productivity.

In the Keynesian theory of money demand,

a. the velocity of money is constant. b. the marginal propensity to hold money is constant. c. money is held in part because it is an asset. d. interest rates are fixed. e. none of the above.

Refer to the information provided in Figure 15.1 below to answer the question(s) that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm.  Figure 15.1 Refer to Figure 15.1. In this industry in the long run,

A. firms will start to incur economic losses. B. product supply will decrease so prices will go up. C. firms will enter until all firms break even economically. D. product demand will increase so that profits are increased.