Refer to the figure above. What is the profit-maximizing price for the monopolist?

Most of the day-to-day power in monetary policy decisions lies with

A) the President of the United States. B) the Senate Banking Committee. C) the chairman of the Board of Governors. D) large commercial banks.

Keynes was motivated to create a macroeconomic theory different from classical theory because

A) he believed in government intervention in the economy. B) he believed in the idea of the invisible hand. C) monetary policy was more important than the classicals acknowledged. D) classical theory was inconsistent with the data in the Great Depression.