A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the

If the Fed is worried about inflation and wants to raise the interest rate, in the short run it can

A) increase the demand for money. B) decrease the demand for money. C) increase the quantity of money. D) decrease the quantity of money. E) directly raise the interest rate without affecting either the demand for money or the supply of money.

The demand curve facing a monopolist is

A. horizontal at the market price. B. identical to the market demand curve for the good. C. exactly twice as steep as the market demand curve for the good. D. vertical because there are no competitors.