A monopolistically competitive firm that earns economic profits in the short run will be able to expand its market share even if the market size remains constant

The number of people receiving Medicare is expected to grow to 74 million by the year

A) 2105. B) 2020. C) 2025. D) 2075.

If the Fed wanted to use all three of its major monetary control tools to decrease the money supply, it would:

a. buy bonds, reduce the discount rate, and reduce reserve requirements. b. sell bonds, reduce the discount rate, and reduce reserve requirements. c. sell bonds, increase the discount rate, and increase reserve requirements. d. buy bonds, increase the discount rate, and increase reserve requirements.