Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary base to rise.
b. M2 money supply to rise.
c. M2 money multiplier to remain the same.
d. M2 money multiplier to fall.
.C
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If the price level rises from 100 to 110 then the inflation rate is
A) 100 percent. B) 1.0 percent. C) 10.0 percent. D) 110 percent. E) None of the above answers is correct.
Mancour Olson believes that developed nations have experienced an eventual slowing of their growth because of ____.
Fill in the blank(s) with the appropriate word(s).
A patent gives a firm the exclusive right to produce a product for
A. 2 years. B. Forever. C. 20 years. D. 6 months.
Refer to the above figure. Point B
A. equals government expenditures. B. equals autonomous consumption plus planned investment plus autonomous government spending plus autonomous net exports. C. equals autonomous consumption. D. has no special significance.