Which of the following would be considered a transaction deposit?

In the above figure, if five million CDs per month are produced and consumed, that is

A) better than producing and consuming four million CDs because more is always better than less. B) more than the efficient quantity because the marginal social benefit exceeds the marginal social cost. C) more than the efficient quantity because the marginal social cost exceeds the marginal social benefit. D) less than the efficient quantity because the opportunity cost exceeds the marginal social benefit.

In the long run, there appears to be:

a. A clear and unequivocal tradeoff between inflation and unemployment. b. No clear and unequivocal tradeoff between inflation and changes in a nation's nominal exchange rate. c. A clear and unequivocal tradeoff between inflation and employment. d. No clear and unequivocal tradeoff between inflation and changes in a nation's unemployment. e. None of the above.