Productivity levels are higher in rich countries compared to poor countries.
Answer the following statement true (T) or false (F)
True
Economics
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? Refer to Table 4-1. At $4, what is the shortage?
A. 0 B. 1,500 C. 3,000 D. 4,500 E. 6,000
Economics
Assuming that money is neutral, an increase in the nominal money supply would cause
A) an excess supply for goods. B) an increase in the real money supply. C) a fall in the price level. D) a rise in nominal wages.
Economics
What is the equilibrium price?
a. 1 euro = $2.00
b. 2 euro = $1.50
c. 2 euro = $2.00
d. 1 euro = $1.50
Economics
Which of the following is counted as part of M2?
a. Currency b. All of the answers are correct. c. Money market funds d. Checkable deposits at commercial banks
Economics