In the equation of exchange, an increase in M of 8 percent could be accompanied by changes in velocity, the price level and real GDP of:
a. -2%, 3%, 3%.
b. 4%, 0%, 4%.
c. 2%, 8%, 8%.
d. 8%, 8%, 4%.
a
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In the above table, the technique that is never economically efficient is
A) A. B) B. C) C. D) D.
A firm is producing 200 units of output at a total cost of $1,000 . The firm's average variable cost equals $4 per unit. Total fixed cost: a. equals $1,000. b. equals $800
c. equals $200. d. equals $2.
Explain the three dimensions of uncertainty which affects the choice among markets, contracts, and integration
Which of the following most clearly limits the ability of the commercial banking industry to expand the money supply?
a. the reserve requirements mandated by the Fed b. the number of commercial bank charters issued by the Fed c. the dollar value of the bonds issued by the U.S. Treasury d. the federal funds interest rate that commercial banks pay (and receive) for short-term loanable funds