In a PPF graph of goods X and Y, points that lie beyond (to the right of) the PPF represent combinations of the two goods that are currently unattainable

For a fixed money supply, a higher level of real balances implies

A. a higher price level. B. a lower price level. C. higher velocity of money. D. lower velocity of money.

Historically, price discrimination was aggressive behavior exhibited by whom? The

(a) monopolist (b) mom and pop business person (c) manager of a large group of industrial workers (d) corporation