Those economists who do not believe there is anything inherently wrong with monopolies advocate a policy of

Intertemporal trade is

A) the exchange of goods but not services for claims to future goods. B) the exchange of services but not goods for claims to future services. C) the exchange of good and services for claims to future goods and services. D) the exchange of domestic goods and services for foreign goods and services. E) the type of trade that the U.S. government focuses most upon.

Which of the following is likely to increase measured GDP in the United States?

A) Florida implements a state income tax, prompting more Floridians to obtain jobs in the underground economy. B) Nissan increases production in its Japanese factories to produce more cars for export to the United States. C) Prostitution is legalized in all 50 states. D) A greater number of men in California decide to become "stay-at-home dads" to take care of their kids.