Given nominal money growth, the amount of seignorage will be greater when
A) tax revenues are higher.
B) real money balances are larger.
C) the inflation rate is higher.
D) foreign lending is higher.
E) none of the above
B
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In the United States, the inflation rate since 1999 generally was
A) lower than between 1979 to 1981. B) higher than between 1979 to 1981. C) higher than in the 1980s. D) much higher than between 1985 to 1995. E) negative.
By 2015, ________ members of the European Union were using the euro as their currency
A) 12 B) 19 C) 28 D) 57
An aggregate supply curve indicates the quantities of real GDP supplied at different ______ levels.
a. interest rate b. wage c. price d. stock market
Other things equal, an increase in the Z factors shifts
A. the AS curve to the left. B. the AD curve to the right. C. the AS curve to the right. D. the AD curve to the left.