The rate at which a consumer is willing to trade off one good for another is called the __________

The indirect channel of finance runs through ________, where securities ________ purchased by the savers themselves

A) financial markets, are B) financial markets, are not C) financial intermediaries, are D) financial intermediaries, are not

Which of the following is true?

A) When income tax rates fall, it is possible for tax revenues to rise. B) When income tax rates fall, it is possible for tax revenues to fall. C) All economists agree that a monetary rule is preferred to discretionary Fed policy. D) All economists agree that discretionary Fed policy is preferred to a monetary rule. E) a and b