When the Federal Funds rate is above the Federal Reserve's target, it will ____ bonds to _____ the money supply

When collective decision making is utilized to resolve economic questions regarding the allocation of resources, then: a. everyone will receive an equal share of the output produced

b. the preferences of individuals are of no importance. c. economic efficiency will be assured. d. the role of markets will be replaced by political decision making.

Risk-averse individuals like good things more than they dislike comparable bad things

a. True b. False Indicate whether the statement is true or false