Laws regulating pollution emissions can change the size of the economic pie

As long as production is such that marginal social benefit is greater than marginal social cost, an efficient outcome occurs

Indicate whether the statement is true or false

If the Fed wants to shift toward a more expansionary policy, it often announces that it is going to change the federal funds interest rate. The Fed controls the federal funds interest rate

a. by imposing legal restrictions that prohibit exchanges at interest rates other than the ones designated by the Fed. b. by having the U.S. Treasury fix this interest rate c. through its policy of open market operations. d. by altering the size of the federal budget deficit or surplus.