Suppose there are two types of consumers with two different demand curves, and the marginal cost of the monopoly is $10. What could be the possible price under two-part pricing that will maximize the monopoly profit?

Looking only at the asset market, an increase in output would cause

A) the LM curve to shift down and to the right. B) the LM curve to shift up and to the left. C) an increase in the real interest rate along the LM curve. D) a decrease in the real interest rate along the LM curve.

Another name for a surplus is

A) excess quantity supplied. B) excess quantity demanded. C) equilibrium. D) market clearing.