The founders of the U.S. Constitution clearly understood how to write a document capable of producing the amount of wealth presently accumulated in the U.S

How long is the long run?

a. long enough that all costs can become variable b. long enough that all costs can become fixed c. long enough for the firm to make a profit. d. long enough for diminishing returns to set in

If a central bank does not want to allow the domestic currency to appreciate, it will ________ international reserves by selling its currency, thereby ________ the monetary base and increasing the risk of higher inflation

A) lose; decreasing B) lose; increasing C) acquire; decreasing D) acquire; increasing