Which of the following is not a possible source of instability in velocity in the Monetarist model?
a. financial innovation.
b. changes in monetary policy
c. changes in interest rates
d. credit cards.
C
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Refer to the information above. What is the highest value of gross investment over these periods?
A) 140. B) 106.75. C) 89.25. D) 192.5
Suppose the upward sloping labor supply curve shifts leftward in a labor market with a single employer (monopsony). What happens to the marginal expenditure curve?
A) Shifts left B) Shifts right C) Remains the same D) We do not have enough information to answer this question.
When the price level rises as a result of a decrease in aggregate supply, it is called cost-push inflation
a. True b. False Indicate whether the statement is true or false
Poverty and inequality in the U.S. are well below the OECD average
a. True b. False Indicate whether the statement is true or false