The theory of investment that emphasizes the roles of real interest rates and taxes is known as the

According to the government budget constraint, any excess of public expenditures and transfers over taxes and user fees must be funded by

A) private borrowing. B) government borrowing. C) U.S. Treasury money creation. D) Federal Reserve money creation.

The characteristic that distinguishes a monopolistically competitive market from a perfectly competitive market is the:

a. ease of entry. b. number of firms operating in the market. c. degree of government regulation in the activities of the firms. d. differentiation of products. e. extent of market share of each firm.