In the above figure, this profit-maximizing monopolistic competitive firm will realize an economic profit of

Keynesians believe that Select one

a. aggregate demand changes tend to induce aggregate supply changes, offsetting any effect from changes in government expenditures. b. money wage rate adjustments will quickly eliminate unemployment. c. the economy will normally operate at full employment. d. change in business confidence can affect the amount of investment in the economy.

"Crowding out" will ____ expansionary fiscal policy because it results in ____

a. weaken; a depreciated value of the dollar b. strengthen; reduced imports c. weaken; increased interest rates d. strengthen; increased tax revenues