Which of the following is most sensitive to monetary policy?
a. Government expenditure
b. Consumption spending
c. Utility spending
d. Investment spending
d
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Figure 11-7
The firm shown in Figure 11-7 is an unregulated monopolist; it totals equals _____ .
A. $300 B. $600 C. $400 D. $625
The price system has
A. prices fixed by the government. B. prices fixed by the seller. C. prices fixed by the producer. D. voluntary exchange.
In the long run, when the Fed increases the quantity of money, the
A) price level falls. B) nominal interest rate falls. C) price level rises. D) real interest rate rises. E) demand for money decreases.
The demand for a good or service is...
a.determined by those who buy the good or service. b. the government. c. those who sell the good or service. d. both those who buy and those who sell the good or service.