Monopolistic competition is the only market structure that features many sellers

Dumping refers to selling a product abroad at higher prices than the product is sold domestically

Indicate whether the statement is true or false

Starting from long-run equilibrium, a large decrease in government purchases will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.

A. expansionary; lower; potential B. expansionary; higher; potential C. recessionary; lower; potential D. recessionary; lower; lower