If consumers completely cease purchasing a product when its price increases by any amount, then demand is:

When the Fed wants to decrease US interest rates it will buy US treasury bonds

a. true b. false

All of the following except ____ are shortcomings of cost-benefit analysis

a. difficulty in measuring third-party costs b. difficulty in measuring third-party benefits c. failure to consider the time value of benefits and costs d. difficulty of accounting for program interactions e. a and b