Normal profit and the cost of capital are the same concept

In constructing a short-run aggregate supply curve, we assume that the goal of business is to: a. maximize sales revenue

b. maximize profit. c. maximize growth in assets. d. maximize growth in sales. e. minimize cost.

At the time of its founding, which tool was thought to be the most useful for the Fed?

a. changing the reserve requirement b. altering deposit interest rates c. lending to banks d. open market operations