Since 1990, a major industrial country with the lowest growth rate in per capita GDP has been _____

When there are many buyers and sellers, no significant barriers to entry, and a differentiated product, the market structure is called

a. an oligopoly b. perfect competition c. monopolistic competition d. a monopoly e. unbalanced monopoly

In the Keynesian cross model, when the level of aggregate demand in an economy is above the 45-degree line, ____

a. the level of aggregate expenditures in the economy will be lower than the level of output b. inventories will fall below the planned level c. businesses will decrease their level of production d. there will be an unexpected decrease in the sales of businesses