A __________ may agree to waive a restrictive covenant, especially if doing so appears to make the loan __________

The loss of efficiency that occurs in monopolistic competition has to be weighed against the gain of

A) higher wages for employees. B) an increase in employment. C) greater product variety. D) reduced environmental damage.

Why do economists prefer using the term economic fluctuation rather than business cycle?

a. political correctness b. number of parameters involved c. excessive volatility of the cycles d. lack of regularity of a cycle