In making a short-run profit-maximizing production decision, the firm must consider both fixed and variable cost

According to Keynes, an individual's level of saving is primarily determined by

A) the individual's current level of disposable real income. B) the individual's assessment of the future direction of the stock market. C) real Gross Domestic Product (GDP) for the economy. D) the interest rate.

Government spending conducted for the purpose of achieving full employment, price stability, or economic growth is an example of

A) fiscal policy. B) monetary policy. C) interest-rate policy. D) exchange-rate policy.