A sellers' supply curve represents:
a. the private cost borne by the sellers.
b. the subsidies received by the sellers.
c. the taxes paid by the sellers

Capital stock will increase as long as

A) gross investment exceeds depreciation. B) capital deepening decreases. C) net investment equals zero. D) depreciation exceeds real GDP.

If the Fed conducts an open market purchase of Treasury bonds, this will

A) encourage banks to make more loans and will increase the money supply. B) encourage banks to make more loans and will decrease the money supply. C) cause banks to reduce their loans and will increase the money supply. D) cause banks to reduce their loans and will decrease the money supply.