The firm in a perfectly competitive industry is a

All of the following are reasons that health care costs have risen so much in the past few decades EXCEPT

A) the aging population. B) higher imports. C) new technologies. D) third party payments.

In the __________, the currency of a country with the higher inflation rate will __________ against the currency of a country whose inflation rate is lower

a. short run; appreciate. b. short run; depreciate. c. long run; appreciate. d. long run; depreciate. e. long run; remain stable.