In the long run, a perfectly competitive firm will react to losses by:
a. reducing production or shutting down.
b. reducing its inputs.
c. increasing its output

If there is no Ricardo-Barro effect, a government budget surplus ________ the supply of loanable funds and ________ equilibrium investment

A) decreases; increases B) increases; increases C) increases; decreases D) does not change; does not change E) decreases; decreases

Differentiate between double oral auctions and bilateral negotiations

What will be an ideal response?