An option that gives the owner the right to sell a financial instrument at the exercise price within a specified period of time is a

The tools of monetary policy:

A. are limited in number and never change. B. continue to evolve as the economy changes. C. are all equally effective since they all do basically the same thing. D. have been used in the same basic ways for a hundred years.

In the figure above, point A is undesirable because

A) there is an inefficient use of resources. B) too much health care is being produced. C) the opportunity costs of health care is too high. D) point E is a more realistic option in this economy.