To finance a federal budget deficit, the U.S. Treasury borrows by selling:

Marginal cost is the minimum price that producers must receive to induce them to produce another unit of a good or service

Indicate whether the statement is true or false

Starting from full employment output, fiscal policy will be completely crowded out in real terms, even with __________ LM curve, so long as prices are __________

A) a vertical; flexible B) a vertical; fixed C) an upward-sloping; flexible D) an upward-sloping; fixed