If a monopsonist's labor supply curve is positively sloped, the marginal factor cost (MFC) will be below the wage rate

According to the liquidity premium theory of the term structure, a steeply upward sloping yield curve indicates that short-term interest rates are expected to

A) rise in the future. B) remain unchanged in the future. C) decline moderately in the future. D) decline sharply in the future.

The gold standard established fixed exchange rates among all countries

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