If the U.S. imposed a quota on motorcycle imports from Japan it would lead to a _____ quantity imported, and a _______ quantity produced in the U.S.

Why is marginal revenue less than price for a monopolist?

What will be an ideal response?

If the government increases military spending ________

A) the IS curve would shift to the left B) output will decrease if interest rates remain fixed C) the unemployment rate could fall D) all of the above E) none of the above