"Monetary instability has been the major cause of economic instability in this country. Expansion in the money supply has been the source of every major inflation. Every major recession has been either caused or perpetuated by monetary contraction." Who among the following would most likely adhere to this view?

A time series graph can show both the level of a variable and the speed with which the variable changes over time

Indicate whether the statement is true or false

Mr. Rational has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30 . If Mr. Rational is a utility maximizer, he should:

a. not buy anything. b. buy more of X and less of Y. c. buy less of X and more of Y. d. buy X and Y in the quantities indicated. e. buy less of X and even lesser than that of Y.