With respect to the Keynesian liquidity trap, at very low levels of income, equilibrium in the money market occurs at points along the flat portion of the money demand schedule where

Which of the following would likely be the most effective possible solution when a scarce resource is subject to the tragedy of the commons?

A) offer subsidies to the users of the commons B) restrict access to the commons through community norms and laws C) persuade people to use less of the scarce resource through an advertising campaign D) force people to move a great distance away from the commons

Diversification cannot reduce market risk

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