In a long-run equilibrium in a monopolistically competitive industry that produces information products, revenues are equal to the ________ costs of developing, producing, and selling the product

Explain why contracts are beneficial to markets

What will be an ideal response?

If at full employment the government wants to increase its spending by $100 billion without increasing inflation in the short run, it must do which of the following?

A) Raise taxes by more than $100 billion B) Raise taxes by $100 billion C) Raise taxes by less than $100 billion D) Lower taxes by $100 billion E) Lower taxes by less than $100 billion