According to the quantity theory of money, a 3 percent increase in the money supply
a. causes the price level to rise by 3 percent.
b. causes the price level to rise by less than 3 percent.
c. leaves the price level unchanged.
d. causes the price level to fall by 3 percent.
a
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The Vendor List contains information about:
a. Addresses, contacts and phone numbers of customers b. Addresses, contacts and phone numbers for suppliers c. Quantities and prices of items on hand d. All of these
Globalization has increased the demand for the logistical support and marketing sectors, but has led to a decline in the manufacturing industry. The effects of this are the same as those caused by the:
A. renewable curse. B. common curse C. resource curse. D. depreciation curse.
Which of the following is a market-based approach to controlling pollution?
A. Government sales of tradable allowances to emit sulfur dioxide up to a certain maximum B. A law requiring auto manufacturers to install catalytic converters to reduce carbon monoxide emissions below a certain level C. A regulation banning the use of lead-based solder in household plumbing D. A rule requiring municipalities to limit the amount of atrazine in their water supplies to one part per billion
Compare the factors that will cause shifts in the down sloping resource demand and product demand curves
What will be an ideal response?