In 1997, the Thai government was unable to maintain its exchange rate given the amount of international reserves

The yield curve is the relationship between the:

a. Real yield (i.e., interest rate) and actual inflation. b. Real interest rate and expected inflation rate. c. Domestic yield and foreign yield. d. Nominal yield on corporate securities and the yield of government securities. e. Nominal yield and time to maturity of a security.

Refer to Scenario 16.1 below to answer the question(s) that follow. SCENARIO 16.1: The marginal benefit for a particular food is described by MB = 30 - q, where q refers to the quantity of the food. The marginal cost of producing the food is described by MC = 2q. There is a negative externality associated with food production and the marginal social cost of food production is MSC = 4q.Refer to Scenario 16.1. The competitive output level is ________ and the competitive price is ________.

A. 6 units of food; $24 B. 4.29 units of food; $25.71 C. 10 units of food; $20 D. 0 units of food; $0