The quantity demanded of money decreases as the supply of money increases
Indicate whether the statement is true or false
False
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Which of the following statements is true?
A) The average product of labor is at its maximum when the average product of labor equals the marginal product of labor. B) The average product of labor tells us how much output changes as the quantity of workers hired changes. C) The average product of labor is at its minimum when the average product of labor equals the marginal product of labor. D) Whenever the marginal product of labor is greater than the average product of labor the average product of labor must be decreasing.
Demand for inputs is a derived demand because
a. it is derived from the need for income. b. it corresponds to the derived supply of the inputs. c. producers want the input to produce the finished good. d. it is downward sloping.
The cost of servicing the debt may increase if
A. Interest rates rise. B. Deficits become smaller. C. The debt shrinks. D. The debt is held internally.
An increase in injections into the economy may lead to:
a) An outward shift of aggregate demand and demand-pull inflation b) An outward shift of aggregate demand and cost-push inflation c) An outward shift of aggregate supply and demand-pull inflation d) An outward shift of aggregate supply and cost-push inflation