As the interest rate increases, the opportunity cost of holding money __________ and individuals choose to hold __________ money
A) rises; more
B) falls; less
C) rises; less
D) falls; more
C
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One reason for the short-run aggregate supply curve (SRAS) is: a. a fixed CPI market basket
b. perfect knowledge of workers. c. fixed-wage contracts. d. the upward-sloping production function.
At the equilibrium price, Question 30 options:
A. the quantity demanded equals supply. B. the government is setting the price. C. the quantity supplied equals demand. D. the quantity demanded equals the quantity supplied. E. there can be either a small surplus or a small shortage.
Recall the Application about growth in China and India to answer the following question(s). From 1978 to 2004, China grew at a rate of 9.3 percent per year and India grew at a rate of 5.4 percent per year.According to this Application, China's GNP per capita and India's GDP per capita are ________ U.S. GNP per capita.
A. now greater than B. still significantly less than C. now equal to D. within 5 percentage points of
The Congressional Budget Office estimates that the additional taxes and fees enacted under the ACA will be enough to pay for the plan and reduce the federal government's budget deficit
Indicate whether the statement is true or false