Unlike Social Security's pension program, Medicare's funding is anchored in a trust fund

Since the abandonment of the Bretton Woods system, balance of payments considerations have become ________ important, and exchange rate considerations ________ important in the conduct of monetary policy

A) more; less B) more; more C) less; less D) less; more

If the long-run supply curve is horizontal, we know that this is

A) a decreasing-cost industry. B) a constant-cost industry. C) an increasing-cost industry. D) a situation in which some input prices change as firms enter and exit the industry.