Market failure or inefficient consumption will take place in the market structures EXCEPT for

Suppose the Fed wants to increase the money supply. The most frequent way used to do this is

a. increase the discount rate b. decrease the prime rate c. buy US corporate stock from banks d. buy US govt bonds from banks

John D. Rockefeller is most recognized for:

a. developing the oil industry. b. being an early promoter of the computer industry. c. lobbying the government for the abolition of slavery. d. inventing new technology to further the steel production process. e. being an initial supporter of minimum wage laws.