Money is always neutral. This statement is most likely to be made by a proponent of the

a. new Keynesian model.
b. monetarist model.
c. real business cycle model.
d. classical model.
e. both c and d.

C

Economics

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A free rider problem is created by private goods

Indicate whether the statement is true or false

Economics

For a monopolist,

a. marginal revenue and price are constant as quantity increases b. marginal revenue falls but price is constant as quantity increases c. marginal revenue is constant but price falls as quantity increases d. both marginal revenue and price fall as quantity increases, but price falls faster e. both marginal revenue and price fall as quantity increases, but marginal revenue falls faster

Economics