As the market wage rate increases, it will exceed more individuals' reservation wage rates; this ensures the market supply of labor curve will be upward sloping

If the central bank follows a monetary policy in which it maintains a fixed interest rate, then

a. the LM curve will get steeper. b. the IS curve will get steeper. c. the LM curve will become vertical. d. the LM curve will become horizontal. e. none of the above.

According to the Clayton Act,

a. lawyers are given an incentive to reduce the number of cases involving cooperative arrangements. b. individuals can sue to recover damages from illegal cooperative agreements. c. the government was able to incarcerate the CEO of a firm for illegal pricing arrangements. d. private lawsuits are discouraged.