A higher domestic price level should
A) decrease net exports.
B) increase desired investment.
C) increase real wealth and consumption.
D) none of these.
A
Economics
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Long-run macroeconomic policies concentrate on:
A) minimizing fluctuations around potential GDP. B) maximizing fluctuations around potential GDP. C) incentives for increasing productivity and the potential output of the economy. D) none of the above.
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A cartel most likely forms in
A) an oligopolistic market. B) a perfectly competitive market. C) a monopolistically competitive market. D) a heavily regulated industry.
Economics