If the price level falls as real GDP decreases, the multiplier effects of any given change in aggregate expenditures are smaller than they would be if the price level remained constant

An international organization created at the Bretton Woods conference in 1944 that helps coordinate international financial flows and can arrange short-term loans between countries is called the:

A) World Bank. B) International Monetary Fund. C) U.S. Treasury. D) U.S. Agency for International Development.

If a monopolist is producing at an output rate at which P = ATC, then

A) its economic profit will be zero. B) its economic profit will be positive. C) it is maximizing its profits. D) it is minimizing its losses.