If a non-binding price floor were to be set in the market in the graph shown, it could be set at:

According to your textbook authors, monetary calculation would improve if

A) the government subsidizes business production. B) the Fed sought to establish monetary equilibrium. C) Congress seeks to establish a budget surplus. D) domestic producers are protected from foreign competition.

An indication to the Open Market Account Manager that commercial banks are experiencing a liquidity surplus would be a

A) falling federal funds rate. B) rising federal funds rate. C) falling discount rate. D) rising discount rate.