During the 1950s, the Fed targeted
A) M1.
B) M2.
C) the monetary base.
D) money market conditions.
D
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Farmers can plant either corn or soybeans in their fields. Which of the following would cause the supply of soybeans to increase?
A) an increase in the demand for corn B) an increase in the price of soybeans C) a decrease in the price of corn D) an increase in the price of soybean seeds
Refer to the information provided in Figure 9.3 below to answer the question(s) that follow. 
Figure 9.3Refer to Figure 9.3. This firm will continue to operate in the short run, but incur an economic loss if price is
A. between $0 and $4. B. between $4 and $7. C. between $7 and $13. D. above $13.
What two solutions did Keynes suggest as appropriate government policies in order to close a recessionary gap? Does the assumption of stuck prices hold true when the economy moves close to its potential output? Explain.
What will be an ideal response?
Which of the following help to correct for the market failure of imperfect information?
A. used car warranties B. medical licensing C. truth-in-advertising regulations D. All of the above are correct.