Refer to the figure below where the nominal interest rate equals 6% and the money supply equals 600. If the Federal Reserve wants to set the nominal interest rate at 4%, it must conduct open market ________ to set the money supply at ________. 

The figure above shows a monopoly firm's demand curve. At point u in the figure, the demand facing the monopoly is

A) elastic. B) unit elastic. C) inelastic. D) less than the supply.

Which of the following factors has led to poor plan performance?

(a) unanticipated changes, such as in terms of trade. (b) corruption of government officials. (c) foreign firms are less subject to the constraints of the plan than domestic ones. (d) all of the above. (e) none of the above.