Compared to perfectly competitive firms, the demand curve for a monopolist will be

A government deficit occurs when

A) the government spends more than what it gets in taxes. B) public goods are worth less than what was paid for them. C) a government loses an election. D) the government still has Treasury bonds to reimburse.

The contention that specific sensitive domestic technologies must not be traded freely is

A) a national defense concern. B) the infant industry argument. C) dumping. D) to protect domestic jobs.