The risk that the party on the other side of a financial transaction fails to meet its obligation is called

In the model of monopolistic competition, compared to a firm with a lower marginal cost, a firm with a higher marginal cost will set a ________ price, produce ________ output, and earn ________ profits

A) higher; less; less B) lower; more; more C) higher; more; more D) lower; less; less E) higher; less; more

If business executives become more optimistic about the future, we would expect that

A) the investment curve would shift outward to the right. B) the saving function would shift up. C) the consumption curve would shift up. D) investment spending would decrease.