The law of diminishing marginal returns from capital, states that a decrease in capital per worker beyond some level will result in diminishing returns of output per worker

The life-cycle hypothesis predicts there to be a rather ________ short-run multiplier and thus a rather ________ private economy

A) low, unstable B) low, stable C) high, unstable D) high, stable

Monopolistically competitive firms advertise to attempt to

A) lower their average variable costs. B) build brand loyalty. C) lower barriers to entry. D) increase barriers to entry.