Which of the following schools of thought are policy interventionists favoring activist aggregate demand management to stabilize output and employment?

GDP calculations tend to exclude all of the following EXCEPT

A) environmental quality. B) salaries paid to government employees. C) illegal transactions. D) work that people do for themselves in their own homes.

Predatory pricing is used primarily to:

A) discourage new firms from entering a market. B) reduce (limit) the profits of all of the firms in the industry. C) drive other firms out of a market. D) establish a minimum price all of the firms in the market will charge.