An isocost line shows
A) combinations of the two inputs that result in the same profit for a firm.
B) the different levels of total cost that result from various combinations of two inputs.
C) combinations of two inputs that result in the same total cost for a firm.
D) combinations of two inputs that result in the same total output for a firm.
Question 2
Federal Reserve Board Chairmen Paul Volcker, Alan Greenspan, and Ben Bernanke all have focused on which of the following as their main goal of monetary policy?
A) economic growth B) stability of financial markets
C) high employment D) price stability
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