If spending is NOT responsive to changes in the interest rate, then
A) the Fed is "impotent."
B) tax policy is "impotent."
C) fiscal policy is "impotent."
D) the Fed is "potent."
A
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In recent decades,
A) trading in financial futures declined in importance relative to trading in agricultural and mineral commodities futures. B) trading in financial futures increased in importance relative to trading in agricultural and mineral commodities futures. C) trading in agricultural and commodities futures was discontinued. D) trading in financial futures was discontinued.
Which term measures production well and indicates when a country is materially better or worse off in terms of jobs and incomes?
a. GDP b. Standard of living c. GDP per capita d. Nominal GDP
The market supply curve is always closer to the vertical axis than the individual supply curves
a. True b. False Indicate whether the statement is true or false
Refer to the information provided in Figure 15.4 below to answer the question(s) that follow. 
Figure 15.4 Refer to Figure 15.4. Assume The Hand Made Shirt Shop has fixed costs of $150 and is a monopolistically competitive firm. If this firm is producing the profit-maximizing level of output and selling it at the profit-maximizing price, the firm's profit is
A. -$250. B. -$150. C. -$100. D. -$50.