Producing where MR = MC guarantees that the firm earns a profit

To contract the money supply, the Fed should

A) lower the required reserve ratio. B) increase government spending and cut taxes. C) reduce the differential between the discount rate and the federal funds rate. D) sell U.S. government securities.

The weak euro in 1999-2000 put upward pressure on inflation in Europe by increasing the price of imported goods

Indicate whether the statement is true or false