Monopsony firms will hire more workers than they would if the labor market were competitive

Investors often pay professional analysts to gather and monitor information on the creditworthiness of borrowers because

A) federal law requires it. B) most investors are risk neutral. C) the cost of acquiring information about a borrower's creditworthiness can be high. D) doing so increases the net-of-tax yield on most investments.

Policy is conducted via a rule if policymakers

a. use monetary and fiscal policy only when the political situation dictates it. b. set monetary and fiscal policy according to multiple but predetermined goals. c. a free to respond to unexpected changes in economic conditions. d. announce in advance how they will respond to changes in economic conditions.