If a monopoly can produce a good at zero marginal cost, then its Lerner Index is

Describe the Taylor rule. If the Fed were following the rule, what would the nominal Fed funds rate be if inflation over the past year were 4% and output were 1% below its full-employment level?

What will be an ideal response?

To signal to your insurance company that you are a low risk individual, to secure a lower premium, you should

a. Accept an insurance policy with a high deductible b. Accept an insurance policy with a low deductible c. Accept an insurance policy with a co-payment d. Both A&C