Figure 6.2 shows the cost structure of a firm in a perfectly competitive market. If the market price is $10 and the firm chooses the profit-maximizing output level, its profit is:

Which of the following statements is correct?

A) Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine the equilibrium real interest rate in the long run. B) Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine potential output in the long run. C) Through autonomous monetary policy adjustments the Federal Reserve can target any inflation rate in the long run. D) all of the above E) none of the above

Which one(s) of the public debt forms is (are) marketable?

a. only the Treasury bond b. only the Treasury bill c. only the Treasury note d. Treasury notes, bills, and bonds e. only Treasury notes and bills