There is a ________ association between inflation and the growth rate of money ________
A) positive; demand
B) positive; supply
C) negative; demand
D) negative; supply
B
You might also like to view...
Which of the following is a statement with positive economic analysis?
A) Lower wages increase employment and reduce the unemployment rate. B) Slower money growth reduces inflation. C) A reduction in the size of the budget deficit will reduce interest rates. D) all of the above
If the MRP of the last acre of land hired is lower than the rent, the firm has hired ________.
Fill in the blank(s) with the appropriate word(s).
Which of the following countries does not come close to the free market benchmark?
A) the United States B) Japan C) Cuba D) France
Which statement is FALSE considering both advantages and disadvantages of corporations as a legal business organization?
A. Corporations usually are not as well positioned as proprietorships and partnerships to raise large sums of financial capital. B. Perhaps the greatest advantage of corporations is that their owners (the shareholders) enjoy limited liability-limited to the value of their shares. C. Separation of ownership and control is a disadvantage of the corporate structure; owners and managers may have different incentives. D. Legally the corporation continues to exist even if one or more owners cease to be owners.