Which of the following would be a significant cause of income inequality in the United States?

If MRP > MLC, it means that a firm should

A) use less labor. B) use more labor. C) increase its fixed capacity. D) decrease its fixed capacity.

The Monetarist transmission mechanism through which monetary policy affects the price level, real GDP, and employment depends on the:

a. indirect impact of changes on the interest rate. b. indirect impact of changes on profit expectations. c. direct impact of changes in fiscal policy on aggregate demand. d. direct impact of changes in the money supply on aggregate demand.