By discriminating between the consumers, the monopolist actually takes away a portion of the consumer surplus

Eminent domain is used by

A) the federal government. B) state governments. C) local governments. D) All of the above are correct.

When there is an expansionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.

A. decline; lower; expand B. increase; raise; decline C. decline; lower; decline D. decline; raise; decline