A rise in incomes increases or decreases the demand for inferior goods such as cabbage, turnips, and inexpensive wine?

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

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.

A rise in incomes increases or decreases the demand for inferior goods such as cabbage, turnips, and inexpensive wine?

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

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.

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

True or False.  Not all ideas can be protected with a patent.

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