In which case would the quantity of money demanded by the public tend to increase by the greatest amount?
A. The interest rate decreases and nominal GDP increases.
B. The interest rate decreases and nominal GDP decreases.
C. The interest rate increases and nominal GDP decreases.
D. The interest rate increases and nominal GDP increases.
Answer: A
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The amount of revenue the government collects after imposing the tariff is ________. 
A. $40,000 B. $4,000 C. $1,000 D. $10,000
Any movement along an existing production possibilities curve will
a. increase the production of one good while decreasing the production of the other. b. increase the production of both goods c. increase efficiency. d. increase employment.
If we use the expenditure approach to measure GDP and the income approach to measure national income, we arrive at the same value
Indicate whether the statement is true or false
Money serves as a store of value when:
A. there is direct trade of goods and services. B. it is a basic measure of economic value. C. it is a means of holding wealth. D. it is used to purchase goods and services.