With inflation targeting, the Federal Reserve would be required to announce its targeted band for:

In a market with a price support set above the equilibrium price,

A) consumers gain. B) taxes on consumers decrease. C) marginal benefit exceeds marginal cost. D) the market is efficient. E) farmers gain.

Which of the four types of economic decision makers is most important?

a. firms, because they produce all goods and services in the economy b. households, because they demand goods and services and supply resources c. government, because it ultimately sets and enforces the "rules of the game" d. government, because it steps in when there is market failure e. the rest of the world, because there are over 150 countries