As more or less inputs are used, the isocost line will shift ____ or _____ respectively

Countercyclical monetary policy is policy directives issued by

a. the Fed to moderate swings in the business cycle b. the Fed to intensify swings in the business cycle c. the Treasury designed to increase government spending during recessions d. Congress to moderate swings in the business cycle e. the President to intensify swings in the business cycle

According to the "endowment effect:"

A. people are willing to pay more for things they don't own than they would have to receive to give up something they already have. B. people feel gains and losses with equal intensity. C. people assign higher values to things they own than things they don't. D. the intensity of feelings from gains and losses depends on how much wealth one possesses.