We know that monopolistically competitive firms prevent the efficient use of resources because they produce where

Your authors say economists tend to

A) think outside the box. B) think outside the bun. C) think outside the mind. D) think outside the theory. E) think outside the facts.

Kelly puts money in a savings account. One year later she has two percent more dollars and can buy three percent more goods. Kelly earned a real interest rate of

a. two percent and prices fell one percent. b. two percent and prices rose one percent. c. three percent and prices rose one percent. d. three percent and prices fell one percent.