The most commonly used tool in monetary policy is
A) changes in the discount rate. B) express lending transactions.
C) open market operations. D) changes in required reserve ratios.
C
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One reason why property rights help achieve an efficient level of pollution is because property rights
A) force the marginal private cost to equal the marginal social cost. B) force the marginal social cost to zero. C) force the marginal external cost to a lower level than marginal private cost. D) eliminate marginal private costs. E) change the marginal external cost so that they are equal to the marginal social benefit.
Refer to the information provided in Figure 7.10 below to answer the question(s) that follow. 
Figure 7.10Refer to Figure 7.10. At Point C, the absolute value of the slope of q2 = 200 is
A. less than 2. B. exactly equal to 2. C. greater than 2. D. indeterminate from this information.