At the profit-maximizing level of employment, the monopsonist

Wealth differs from income in that

A) income measures value at a point in time and wealth measures value over a period of time. B) income measures value over a period of time and wealth measures value at a point in time. C) income is what you own and wealth is what you earn. D) wealth can be measured in dollars and income cannot.

Suppose a country is pursuing a fixed exchange rate regime with imperfect capital mobility. The ability of that country to move its domestic interest rate while maintaining its exchange rate will depend on

A) the degree of development of its financial markets. B) the degree of capital controls. C) the amount of foreign exchange it holds. D) all of the above E) both A and B