If consumers view the output of any firm in a market to be identical to the output of any other firm in the market, the demand curve for the output of any given firm

In an open economy with floating exchange rates, monetary policy is most effective at increasing real income if

A) capital mobility is high. B) capital mobility is low. C) capital mobility is perfect. D) monetary policy is ineffective with floating exchange rates.

A productivity slowdown was observed from the

A) early 1950s to the late 1960s. B) early 1960s to the early 1970s. C) late 1960s to the early 1980s. D) mid-1980s to the late 1990s.