The purchase of a virtual item from an online company with a virtual currency causes the nation's:
a. Monetary base to rise.
b. M2 money supply to rise.
c. M2 money multiplier to remain the same.
d. Monetary base to fall.
.C
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All of the following are point sources, EXCEPT
a. publicly-owned treatment works (POTW) b. factory smokestack b. recreational motor boat d. urban runoff
If the usury law was in effect, how much money would be lent out?
Which of the following statements is most true concerning economic policy in the U.S.?
A. Fiscal policymakers tend to focus more on pleasing their constituents and so are willing to sacrifice the short run for the long run. B. Fiscal policymakers tend to focus on inflation and unemployment while monetary policymakers focus most of their attention on the money supply and the exchange rate. C. Monetary policy independence is enshrined in the U.S. Constitution. D. Monetary policymakers tend to have a long view while fiscal policymakers tend to ignore the long-run inflationary ramifications of their actions.
The value of money for buying goods and services is known as
A. purchasing power. B. nominal income. C. nomination. D. inflation.