According to Michael Kremer, at which population should technological progress be most rapid?

For a monopolistically competitive firm

A) price equals marginal revenue at all levels of output. B) price is less than marginal revenue at all levels of output. C) price is greater than marginal revenue at all levels of output except for the first unit. D) the demand curve is perfectly inelastic and marginal revenue is zero.

The full-employment rate of unemployment is also called the:

a. Natural rate of unemployment b. Cyclical rate of unemployment c. Frictional rate of unemployment d. Potential rate of unemployment a. Natural rate of unemployment