The Obama stimulus package included fiscal policy actions designed to assist the economy in its recovery from recession. These fiscal policy actions would include ________ government spending and ________ taxes

If an individual moves money from a small-denomination time deposit to a demand deposit account

A) M1 increases and M2 stays the same. B) M1 stays the same and M2 increases. C) M1 stays the same and M2 stays the same. D) M1 increases and M2 decreases.

Advertising, brand names, packaging, and celebrity endorsements all occur in monopolistically competitive markets because:

a. significant barriers to entry exist in the real world. b. in the real world, there are very few markets with many firms. c. that gives the producer some command over the price of their products. d. product differentiation seldom occurs in the real world. e. monopolistically competitive firms have an incentive to spend as much money as possible compared to their rivals.