According to the Taylor rule, if actual output is greater than the natural rate of output, then the Fed should

The liquidity-money (LM) curve shows the alternative combinations of interest rates and real income that clears the money market

Indicate whether the statement is true or false

Generic Drug Industry Dynamics When a brand name drug's patent protection expires, many generic producers are usually ready to enter the market. These firms' products are close substitutes, they have similar production technologies, the regulatory

hurdles to enter are not so great, and, within a few months, there are plenty of rivals. What would you predict for the profitability during these first few months after generic drug entry?