In a pizza industry, the cost of the factory is a(n) __________ only in the short run but not in the long run.

A business cycle expansion increases income, causing money demand to ________ and interest rates to ________, everything else held constant

A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase

Spending VCU4 on real-world goods and services causes the nation's:

a. Demand for real goods and services to rise and monetary base to remain the same. b. Demand for real goods and services to rise and M2 money supply to fall. c. Demand for real goods and services to remain the same and M2 money multiplier to remain the same. d. Demand for real goods and services to rise and M2 money supply to fall.

Inequality within countries has been ________, and inequality between countries has been ________ in recent decades.

A. increasing; decreasing B. increasing; increasing C. decreasing; decreasing D. decreasing; increasing

An increase in all prices is inflation

a. true b. false