In developing nations, the combined rate of urban and rural unemployment or underemployment is about

Assume that a seller in a perfectly competitive market charges more than the equilibrium price. It is likely that this seller will:

A) increase his sales. B) lose only a few buyers. C) increase his profit. D) lose almost all of his buyers.

Assuming a long-run aggregate supply curve, an increase in the money supply results in ________ in output and ________ in price level

A) an increase; no change B) a decrease; no change C) a decrease; a decrease D) no change; an increase