If a monopolist engages in first-degree price discrimination, it will produce the same output level as a perfectly competitive industry

When the federal government owns parks that are funded by tax dollars,

a. park managers receive full information about visitor desires and make decisions accordingly. b. the same incentive structure exists for public park managers as private park managers. c. park managers devote much time and effort to satisfying political desires instead of visitor desires. d. park managers will be less likely to mismanage the park.

The federal government agency that is responsible for determining the inflation rate and the unemployment rate is the Federal Reserve

Indicate whether the statement is true or false