According to the text, a government policy of promoting competition must
A) assure small businesses they won't fail because of below-cost pricing or other predatory practices by larger businesses.
B) assure small businesses they won't fail under any circumstances.
C) equate profit margins among competing suppliers.
D) maintain a process rather than some state of affairs.
E) work toward making sellers' demand curves completely elastic.
D
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Slope is calculated as a change in the variable on the horizontal axis divided by a change in the variable on the vertical axis
Indicate whether the statement is true or false
When the equilibrium price level adjusts to an increase in autonomous investment spending, the impact of the multiplier effect resulting from that spending increase
A) will increase nominal GDP by an amount smaller than the multiplier effect would indicate. B) is only felt when there are changes in consumption. C) will increase real GDP by an amount smaller than the multiplier effect would indicate. D) will have no impact on the real GDP.