"External benefits lead to overproduction so that more than the efficient quantity is produced." Is the previous statement true or false?

The Federal Open Market Committee has responsibility for

A) advising the Treasury Department on monetary policy. B) printing money. C) issuing orders to buy or sell government securities for the Fed. D) appointing members to the Board of Governors of the Federal Reserve system.

In the United States today, economists estimate that the natural rate of unemployment is between ________ and ________ percent

A) 3; 5.5 B) 3; 4 C) 6.5; 7.5 D) 5; 6.5