In order to engage in price discrimination, a monopolist has to be able to determine that there are different groups of consumers that have different ________ for the product.

In the aftermath of the last financial crisis, critics of monetary policy argued that it was ineffective. The Federal Reserve had moved interest rates to historic lows without a significant stimulus effect. Some economists wondered if the United States was:

a) undergoing simultaneous increases in aggregate demand and supply. b) undergoing offsetting changes in aggregate demand and supply. c) facing hyperinflation. d) in a liquidity trap.

Unemployment compensation, by ________ layoffs at firms whose sales have declined, ________ the natural rate of unemployment

A) encouraging, raises B) encouraging, lowers C) discouraging, raises D) discouraging, lowers