Fixed cost is sometimes called

We are given the individual demand curves for all of the people that consume Good Y. Which statement is TRUE about the market demand curve for Good Y?

A) The market demand curve is obtained by horizontally summing the individual demand curves. B) The market demand curve is obtained by vertically summing the individual demand curves. C) The market demand curve cannot be obtained because information on prices is missing. D) The market demand curve cannot be obtained from individual demand curves.

Nobel-laureate economist Milton Friedman suggested that policymakers strive to ensure that the monetary aggregates:

A. grow at a rate equal to the rate of real growth plus the desired level of inflation. B. remain constant in terms of dollar amounts. C. grow at a rate equal to the rate of real growth less the desired level of inflation. D. grow at a rate equal to the rate of inflation.