When money demand increases, the Fed cannot keep both the money supply from rising and the interest rate from rising
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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When does the burden of a tax imposed on a good fall more heavily on sellers?
What will be an ideal response?
Economics
A firm that wished to calculate the present value of its future nominal profits should use the ____ to do so
a. real interest rate b. nominal interest rate c. nominal interest rate minus the expected inflation rate d. real interest rate minus the expected inflation rate
Economics
If polluters are forced to pay for their pollution, they will reduce pollution toward a socially optimal amount
a. True b. False Indicate whether the statement is true or false
Economics
When a person acts as expected as part of the group they are portraying their
a. role b. groupthink c. norm d. status rank
Economics