Let TC(Q) = 10 + Q; MC equals

Continuing with the same family from the preceding question, what is the greatest (integer) number of vacation days the family would be willing to give up in order to guarantee a healthy vacation?

a. 3 b. 4 c. 5 d. 6

The irrelevance of monetary changes for real variables is called monetary neutrality. Most economists accept monetary neutrality as a good description of the economy in the long run, but not the short run

a. True b. False Indicate whether the statement is true or false