Suppose that a firm is currently producing 500 units of output. At this level of output, AVC is $1 per unit, and TFC is $500. What is the firm's TC?

If the Fed injects reserves into the banking system and they are held as excess reserves, then the monetary base ________ and the money supply ________

A) remains unchanged; remains unchanged B) remains unchanged; increases C) increases; increases D) increases; remains unchanged

The difference between the corporate bond rate and the risk-free rate of Treasury bonds is called

A) risk premium. B) term premium. C) Fed's premium. D) monetary premium.