The rate of inflation, excluding the effects of food and energy prices, is _____.

When a country imposes a tariff to protect a domestic monopolist from international competition, it will produce _______ output and charge _______ in a perfectly competitive domestic industry.

a. more; a higher price than b. the same; the same price as c. less; a higher price than d. less; a lower price than

What was the approximate peak amount of borrowing from the Fed during the Financial Crisis of 2007-2009?

A) $2 billion B) $100 billion C) $270 billion D) $1 trillion