Suppose Cournot duopolist firms operate with each having a cost of 30qi (i = 1,2 ) so that each firm's marginal cost is 30. The inverse market demand curve is P = 120 - Q where Q = q1 + q2. At the Nash-Cournot equilibrium, the total quantity, Q, is

A depreciation of the U.S. dollar will result in an increase in aggregate expenditures in the country

a. True b. False Indicate whether the statement is true or false

Which of the following statements is true?

A. The total demand for money is directly related to the interest rate. B. A lower interest rate raises the opportunity cost of holding money. C. The supply of money is directly related to the interest rate. D. Bond prices and the interest rate are inversely related.