The rising part of a perfectly competitive firm's marginal cost curve that is equal to or above points on its average variable cost curve is the firm's

The ________ the reserve ratio, the ________ the money multiplier.

A) smaller; larger B) smaller; smaller C) larger; larger D) None of the above are correct

An industry with a large number of firms, differentiated products, and free entry and exit is called

A) perfect competition. B) monopolistic competition. C) oligopoly. D) monopoly. E) monopolistic oligopoly.