The discount rate is sometimes also known as the primary credit rate

Indicate whether the statement is true or false

True

Economics

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Assume someone organizes all farms in the nation into a single-price monopoly. What is the monopoly's marginal revenue curve?

A) It is a horizontal line at the competitive industry's price. B) It is a line that lies below the new monopoly's demand curve. C) It is a vertical line at the monopoly's chosen output level. D) It is identical to the demand curve for the monopolist's output. E) It is a line that lies above the new monopoly's demand curve.

Economics

The current rate of unemployment of 5 percent is too high. This is a _______ statement.

A) normative B) ceteris paribus C) positive D) fallacy of false cause

Economics