True or False. Monetary policy is inevitably imprecise because of the discovery that a combination of constant growth in the money supply & fluctuating velocity cause nominal GDP to rise and fall in unpredictable ways.

Select the factors below that shift supply.

Below is an Production Possibilities Frontier for producing shoes or hats.  Match points X, Y, Z to the correct description.  

Which of the following is NOT an assumption under which the production possibilities curve is drawn?

In comparison to a competitive industry how is a monopoly different?

Refer to the graph below.  What rate of output maximizes total profit? (Enter your answer as a numeric value).

True or False.  The Bureau of Labor Statistics reports the percentage of labor force unemployed utilizing the current population survey.

True or False.  To be considered unemployed, workers are out of work and not actively looking for a job.

Below is an Production Possibilities Frontier for producing shoes or hats.  Match points X, Y, Z to the correct description.  

If an economy experiences a recession due to slow growth and rising unemployment what policy will it use to fix this situation?