As in the modern world, price-discriminating railroad ...

[folubunmi]

As in the modern world, price-discriminating railroad industrialists of yesteryear charged the highest prices in markets with the steepest competition.
 
  Indicate whether the statement is true or false

Question 2

Keynes and many of his contemporaries believed that money was
 
  a. major importance because the idea of the liquidity trap only came later.
  b. even more important than fiscal policy.
  c. little importance and monetary policy of little use as a stabilization tool.
  d. major importance but of little use as a stabilization tool.
  e. none of the above.

[fatboyy09]

Answer to Question 1

False

Answer to Question 2

C