Inflation is defined as a sustained increase in an economy's price level

The ________ that required separation of commercial and investment banking was repealed in 1999

A) the Federal Reserve Act. B) the Glass-Steagall Act. C) the Bank Holding Company Act. D) the Monetary Control Act.

If a firm is a profit maximizer and faces positive marginal costs,

A) there is a natural limit to the size of the firm, where MR = 0. B) there is no natural limit to the size of the firm; it can be as large as it wants to be. C) there is a natural limit to the size of the firm, where MR > 0. D) there is no natural limit to the size of the firm, hence the need for government regulation.