When the Fed makes higher interest payments on bank reserves, banks will hold ________ reserves which will ________ the money supply

If a monopolist decides to charge a higher price for its product, it will yield:

A) a lower revenue per unit sold but a higher number of units sold. B) a lower revenue per unit sold and a lower number of units sold. C) a higher revenue per unit sold but a lower number of units sold. D) a higher revenue per unit sold and a higher number of units sold.

Which of the following is always a characteristic of the oligopoly market structure? a. Many sellers, each small in size relative to the overall market. b. Few sellers

c. All sellers produce identical products. d. Easy, low-cost entry and exit.