If the monthly unemployment rate increase mentioned in the Application was a temporary aberration, the best economic decision by the committee would be to
A) not change monetary policy.
B) increase the money supply to stimulate the economy.
C) decrease the money supply to stimulate the economy.
D) decrease the money supply to slow the economy down.
A
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Why does the United States both import and export ethanol?
a. U.S. regulations require U.S. fuel companies to use both ethanol made from corn and ethanol made from other sources (such as sugar), which has led to a surplus of corn ethanol that is exported to Brazil in return for sugar ethanol. b. U.S. regulations require U.S. fuel companies to use only ethanol made from corn, which has led to a surplus of corn ethanol that is exported to Brazil. c. Brazilian regulations require its fuel companies to use both ethanol made from corn and ethanol made from sugar, which has led to a surplus of sugar ethanol that is exported, and a need for corn ethanol, which is imported from the United States. d. Brazilian regulations require its fuel companies to use only ethanol made from corn, which has led to a surplus of sugar ethanol that is exported, and a need for corn ethanol, which is imported from the United States.
Suppose the accompanying figure shows the demand curve, marginal revenue curve and marginal cost curve for a monopolist.
When this monopolist maximizes its profit, consumer surplus equals the area:
A. ABJ. B. ACKJ. C. AELJ. D. ACN.