If the federal budget deficit grows too large, then we can safely state that it will be difficult for government to justify implementing contractionary fiscal policies

In a two-asset economy with money and T-bills, the quantity of money that people will want to hold, other things being equal, can be expected to:

a. decrease as real GDP increases. b. increase as the interest rate decreases. c. increase as the interest rate increases. d. all of these.

When a non-discriminating monopolist is maximizing profit, then

a. its price equals its marginal cost b. its price equals its marginal revenue c. it is producing all units for which marginal revenue exceeds marginal cost d. its supply curve intersects the market demand curve e. its marginal cost curve intersects the market demand curve