In monopolistic competition, the long-run equilibrium price _____ marginal cost because _____.

The rate of unemployment that occurs when the economy is producing its potential gdp _____.

The _____ for an accountant is between $40,000 and $50,000.

The fed directly sets _____.

To a producer of goods, a greater number of channel levels means ________.

The unemployment rate is defined as the ________ divided by the ________.

Relatively inelastic demand is ____.

If demand is perfectly elastic then e is _____.

Perfectly elastic demand curve is a _________ curve.

Relationship between price and supply is ________.

_________ is the total value of all final goods and services produced by the country in certain year