Unlike a banking crisis, an exchange rate crisis rarely results in a deep recession

Quantitative easing is likely to lead to a(n) ________

A) increase in unemployment rate B) decrease in the price level C) increase in the federal funds rate D) decrease in the federal funds rate

The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city

If the marginal external cost is $10 per ton at every quantity of steel produced, the equilibrium quantity when the steel industry is unregulated is ________ tons per week. A) 5 B) 15 C) 20 D) 25