A currency appreciation reduces aggregate demand and increases aggregate supply
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following activities creates a negative externality?
A) cleaning up a public garden in your neighborhood B) graduating from college C) keeping an old refrigerator on your front porch D) using a pooper-scooper every time you walk your dog
The decline in the transaction demand for money in the mid- and late 1970s
A) was accompanied by a fall in velocity. B) was predicted by most economists. C) may be partly explained by the development of money-market funds and other financial innovations. D) was the result of the Federal Reserve's easy-money policy.
What makes the demand curve of the perfectly competitive firm uniquely different from that of firms in other kinds of market structures?
What will be an ideal response?
The M2 money supply is about ________ times larger than the M1 money supply
A. 1.5 B. 4 C. 8 D. 13