Proponents of the monetary growth rule believe that a constant growth rate in the money supply will lead to less uncertainty and greater credibility than with activist policies

When the rental price of capital is above the equilibrium price ________

A) we have an excess supply of capital and the rental price should fall B) we have an excess demand of capital and the rental price should fall C) we have an excess supply of capital and the rental price should increase D) we have an excess demand of capital and the rental price should increase E) none of the above

When you work to support your lifestyle, you are making a tradeoff

a. True b. False Indicate whether the statement is true or false