In the above figure, what is the profit-maximizing output and price?

(Last Word) The Glass-Steagall Act of 1933:

A. encouraged the creation of large, interconnected financial services firms. B. was a primary cause of the 2007-2008 financial crisis and subsequent recession. C. created banks "too big to fail" and "too big to jail." D. separated high-risk and low-risk financial activities across different firms.

In the long run, the level of output depends on the price level.

Answer the following statement true (T) or false (F)