The labor market is an example of a

Either a dual or hierarchial mandate is acceptable as long as ________ is the primary goal in the ________

A) price stability; short run B) price stability; long run C) reducing business-cycle fluctuations; short run D) reducing business-cycle fluctuations; long run

The entry of new firms into a market stops when:

a. the accounting profit of existing firms falls to zero. b. the general price level in the economy rises. c. the rate of interest in the economy declines. d. the economic profit of existing firms falls to zero. e. the corporate taxes are relaxed.