The Bureau of Labor Statistics produces data on unemployment, types of employment, length of the average workweek, and the duration of unemployment

The monetary rule is the view of the:

a. Keynesians that monetary policy is most important. b. Monetarists that monetary policy is most important. c. Classical economists that monetary policy is most important. d. Monetarists that the Fed should expand the money supply at a constant rate.

Which of the following is true?

A. If income increases, a consumer will always consume more of a good. B. At a point of consumer equilibrium, the MRS always equals 1. C. Indifference curves may intersect. D. None of the statements is correct.