If the economy is operating on the relatively vertical segment of the aggregate supply curve, an increase in government spending causes a _____ change in the price level and a _____ change in output.

If a good is capital intensive it means that the good is produced

A) using relatively more capital than goods that are not labor intensive. B) using capital as the only input. C) using more capital per unit of output than goods that are not capital intensive. D) using capital such that the total cost of capital is greater than the total cost of labor. E) using capital such that the cost of capital is more than 50% of total cost.

Vertical contracts between manufacturers and retailers often aim to

a. Prevent the manufacturers from upstream price discrimination b. Reward the manufacturer for undertaking the risk inherent in introducing a new product c. Serve as a "signal" of the manufacturer's belief of the likely success of his product d. All of the above