The relationship between GDP and the money supply has gotten stronger since the 1980s
Indicate whether the statement is true or false
FALSE
Economics
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Which of the following is not an example of a type of factor of production?
a. land b. labor c. government d. capital
Economics
Under a gold standard, a country with a trade deficit should expect gold to flow ________.
Fill in the blank(s) with the appropriate word(s).
Economics
Which of the following was the nation's first true central bank?
(A) Federal Deposit Insurance Corporation (B) Bank of the United States (C) Federally chartered bank of the Civil War (D) Federal Reserve System
Economics
Exhibit 7-5 A firm's MR and MC curves
?
In Exhibit 7-5, a firm is currently producing 40 units of output. What would you advise this firm to do?
A. Shut down. B. Increase output. C. Decrease price. D. Decrease output.
Economics