A deadweight loss arises in a perfectly competitive market as each firm is a price taker

Endogenous growth theory attempts to

A) replace the Solow model with a model in which money growth plays a key role. B) explain how societies can more easily reach the "Golden Rule." C) show how population growth reduces capital and output. D) explain why productivity changes.

Macroeconomics primarily examines: a. the behavior of firms

b. how prices are determined in markets. c. broad issues such as inflation. d. the cost-minimizing conditions for business firms.