The monopolist always maximizes its profits by producing the amount of output that sets the marginal revenue equal to zero

Assume equilibrium real GDP per year is equal to full-employment real GDP. If aggregate demand falls, then

A) the price level will increase in the short run and decrease in the long run. B) long-run aggregate supply will eventually decrease too. C) there will be an expansionary ga

Which of the following makes up the largest share of M2?

A) M1 B) savings deposits C) small time deposits D) money market mutual fund shares