By summing the quantities demanded by individuals at each price we obtain the

Which of the following situations is one in which the Fed will potentially pursue expansionary monetary policy?

A) Aggregate demand is growing too fast to keep the economy at full employment. B) Potential GDP is forecasted to be lower than equilibrium GDP. C) Potential GDP is forecasted to be higher than equilibrium GDP. D) Aggregate demand is growing too slowly and the economy is in danger of producing GDP above full employment.

In a sharp regression discontinuity design,

A) crossing the threshold influences receipt of the treatment but is not the sole determinant. B) the population regression line must be linear above and below the threshold. C) Xi will in general be correlated with ui. D) receipt of treatment is entirely determined by whether W exceeds the threshold.