The simple deposit multiplier is:

Market power guarantees profit

A) True, which is why firm's locate as far away from each other as possible. B) False, market power guarantees price greater than marginal cost. C) True, market power guarantees price greater than average cost. D) False, market power guarantees price equal to average cost.

It is very important to distinguish between the short run and the long run when we are discussing

a) the aggregate demand b) the aggregate expenditures c) the aggregate supply d) changes in the price level e) all of the above