The quantity equation is M x V = P x Y

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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An increase in technology ________ potential GDP and ________ aggregate supply

A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) does not change; does not change

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Which of the following financial assets is most likely to have a higher amount of risk than the others?

A. Stocks B. Bonds C. Mutual funds D. Savings accounts

Economics

What are the three most important factors of production?

Economics

A short-run production function was estimated asQ = ?0.002L3 + 0.16L2What is total product when average product is at its maximum level?

A. 86 B. 128 C. 100 D. 94 E. 150

Economics