In the above figure, if we begin at S1 and the Fed sells bonds

A) the price of bonds rises, and so does the interest rate.
B) the price of bonds falls, and the interest rate rises.
C) the price of bonds rises, and the interest rate falls.
D) the price of bonds falls, and so does the interest rate.

B

Economics

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Price discrimination, where different units of a good are sold for different prices

A) is impossible because there can only be one market price. B) can be effectively practiced by all monopolists. C) maximizes consumer welfare because each consumer pays only the price he or she is willing to pay. D) is possible if the good cannot be resold.

Economics

Are all externalities negative? Explain

What will be an ideal response?

Economics