As we move down a particular indifference curve, if the "marginal rate of substitution" between the two goods does not change we can conclude that the two goods are:

In the short run, a decrease in government expenditure ________ real GDP and ________ the price level

A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases

Cartels are likely to be better able to prevent their members from cheating on an agreement: the greater the number of members in the cartel.

a. the fewer the number of members in the cartel b. the greater the number of members in the cartel. c. the greater are the differences in production costs across member firms. d. the greater are the differences in demand projections across member firms.