Suppose your donut shop earns $20,000 in total revenues per month with explicit costs of $15,000 and opportunity costs of $5,000. Your economic profit is

The LM curve

A) is horizontal. B) is vertical. C) slopes downward. D) slopes upward.

The risk that a borrower has more information about their previous behavior than a potential lender is known as the ________

A) moral hazard problem B) adverse selection problem C) time-space discontinuity D) tertiary behavior problem