Legal or governmental restrictions that give monopolistic advantages to a firm include all of the following EXCEPT

If the managers of your firm have bounded rationality, then

A) the firm should fire them and hire more competent managers. B) a Nash equilibrium does not exist. C) they are limited in their ability to calculate and may not succeed in maximizing profits. D) it is not possible to maximize profits.

Contractionary fiscal policy is so named because it:

A. involves a contraction of the nation's money supply. B. necessarily reduces the size of government. C. is aimed at reducing aggregate demand and thus achieving price stability. D. is expressly designed to expand real GDP.