Mark all that apply.  When speaking about property rights and protection of endangered species, property right should:

Marginal cost is:

The following table shows costs and prices faced by an automobile manufacturer.  Profit maximization is achieved at a production rate of ____ autos per month  (Enter your answer as a numeric value). Output (cars per month) 0 1 2 3 4 Price (millions per car) 0 $9 $8 $7 $6 Total cost (millions per month) $1 $4 $6 $12 $16 Total revenue (millions per month)           Total Profit (millions per month)            

True or False.  The long-term budget forecast is for a budget surplus due to the baby boomer generation retiring.

Cautions about the money multiplier

If we describe the business cycle starting from the top, descending, hitting the bottom and ascending this pattern illustrates what order in the business cycle?

The 12 regional Fed banks do all of the following except:

True or False.  The U.S. economy has come to rely much more heavily on industry-funded research and development. 

True or False.  Even though there is controversy over economic goals in terms of monetary policy, the Fed has pursed inflation-targeting.

Check all that apply.  Division of Labor (Specialization) increases production