The Fed's objectives have remained the same since its inception

The curve showing the short-run relationship between the unemployment rate and the inflation rate is called

A) the Phillips curve. B) the monetary policy curve. C) the unemployment curve. D) the Sargent curve.

In the above figure, the profit-maximizing output and price for this monopolistically competitive firm are

A) 10,000 units at a price of $10 per unit. B) 10,000 units at a price of $5 per unit. C) 13,000 units at a price of $7 per unit. D) 12,000 units at a price of $8 per unit.