When it comes to choosing an policy instrument, both the ________ rate and ________ aggregates are measured accurately and are available daily with almost no delay

The demand curve facing a perfectly competitive firm is

a. almost vertical at the market quantity b. perfectly inelastic c. perfectly elastic d. horizontal at the price the firm wishes to charge e. downward sloping

In the Stackelberg leadership model,

a. the leader earns a larger profit compared to the follower. b. the leader charges a higher price for its output compared to the follower. c. the follower produces a larger output compared to the leader. d. the follower charges a lower price for its output compared to the leader.