Monetizing the deficit contributes to the inflationary pressures that are already present in the economy.

In the case of negative externalities in production, the firm's internal costs:

a. exceed the external costs. b. are less than the external costs. c. equal the external costs. d. understate the true cost of producing the product. e. overstate the true cost of producing the product.

The relationship between quantity supplied and price is usually

A) an inverse relationship. B) a direct relationship. C) a negative relationship. D) impossible to determine.