Monetarists suggest doing which of the following?
A) Maintain a steady growth rate of the money supply.
B) Use fiscal policy to combat unemployment in the short run.
C) Use monetary policy to combat unemployment in the long run.
D) Use fiscal policy to combat inflation in the long run.
A
Economics
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When oligopolies operate like firms in perfect competition, the firms produce at the point where the
A) price is less than the marginal cost. B) marginal cost equals the price. C) price exceeds the marginal cost by the greatest amount. D) price exceeds the average total cost by the greatest amount. E) marginal cost equals the average total cost.
Economics
Refer to the graph below. Which point is definitely not on the competitive firm's short-run supply curve?
A. A
B. B
C. C
D. D
Economics