Which of the following is the objective of expansionary monetary policy?
A. an increase in employment
B. a decrease in employment
C. an increase in the velocity of money
D. an increase in prices proportional to the rise in the money supply
Answer: A
Economics
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If the demand for a good is determined to be "inelastic," then the elasticity measure
A) is greater than 1.0. B) is equal to 1.0. C) is less than 1.0. D) is infinite.
Economics
For a given seller, the figure below shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. What is this seller's reservation price for the 250th unit? 
A. $2 B. $8 C. $4 D. $14
Economics