If you write a check on your checking account to pay your rent which your landlord deposits in a bank, then
a. the monetary base and the money supply will fall.
b. the monetary base falls but the money supply remains unchanged.
c. there is no change in the monetary base or the money supply.
d. the monetary base and the money supply will rise.
C
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Which of the following is not a source of productivity gain?
A. Technological advance. B. Higher skills. C. Improved management. D. Economic growth.
Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:
A. P1 and Y2. B. P2 and Y1. C. P3 and Y1. D. P3 and Y2.
The unemployment rate is
A) the percentage of the labor force that is employed. B) the percentage of the number employed that is unemployed. C) the percentage of the working-age population that is unemployed. D) the percentage of the labor force that is unemployed. E) the percentage of the working-age population that is employed.
If a city decides to lift restrictions of how many taxi cabs can operate, social welfare will increase
Indicate whether the statement is true or false