Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary base to fall.
b. M2 money supply to fall.
c. M2 money multiplier to fall.
d. Monetary base to remain the same.
.D
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Which of the following counts as part of money?
A) $10,000 in gold bars B) $10,000 in government bonds C) $10,000 in a checking account D) $10,000 in corporate bonds
The table above shows three production methods to produce 100 automobiles per day. If the price of labor is $20 per unit and the price of capital is $100 per unit, which of the three methods is economically efficient?
A) Method A only B) Method B only C) Method C only D) All three methods are economically efficient.
According to the graph shown, if the market is in equilibrium, consumer surplus is:
A. $30.
B. $20.
C. $50.
D. $60
The most important macroeconomic goal is
a. economic growth b. stable prices c. high employment d. increased investment e. no one economic goal is categorically the most important