单项选择题

As the quantity of labor increases, which of the following is the most likely outcome with respect to the marginal revenue (MRP) of labor

A. MRP increases for a monopoly.
B. MRP decreases for a firm in perfect competition.
C. MRP increases for both monopoly and a firm in perfect competition.

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单项选择题Which school of economic thought holds that unpredictable changes in central bank policy are the primary cause of business cycles

A. Classical.
B. Keynesian.
C. Monetarist.

单项选择题A recessionary gap is most likely to be observed when:

A. real GDP is above potential GDP.
B. real GDP is below potential GDP.
C. employment is above full-employment equilibrium.