The population growth rate tends to be higher in developed countries than in developing countries

The downward-sloping demand curve of a monopolistic competitor:

A. Reflects some level of control over its own price B. Becomes eventually horizontal in the long run C. Indicates collusion among the members of the product group D. Ensures that the firm will produce at minimum average cost in the long run

The short run Phillips Curve shows there is ________ relationship between the unemployment rate and the rate of inflation.

A. a positive B. a constant C. a negative D. no