Refer to Figure 23.1. The additional training costs of moving from Level I to Level II are:

The key decision maker for U.S. monetary policy is:

A. Congress. B. The president. C. The president's cabinet. D. The Board of Governors.

If a rise in the price of good 1 decreases the quantity of good 2 demanded

A) the cross elasticity of demand is negative. B) the cross elasticity of demand is positive. C) good 1 is an inferior good. D) good 2 is an inferior good.