Janet Yellen, Chair of the Federal Reserve, must choose whether ...

[Tazate]

Janet Yellen, Chair of the Federal Reserve, must choose whether tomorrow she meets with the Secretary of the Treasury or with the Congress regarding the financial crisis. This choice reflects the
 
  A) fact that Ms. Yellen faces scarcity.
  B) concept of entrepreneurship.
  C) fact that Ms. Yellen responds to incentives.
  D) use of capital.

Question 2

Short-run equilibrium occurs at the intersection of
 
  A) the SAS and AD curves.
  B) the SAS, LAS, and AD curves.
  C) the SAS and LAS curves.
  D) the LAS and AD curves.

[momo1250]

Answer to Question 1

A

Answer to Question 2

A