The ________ real GDP, the ________
A) larger; larger the demand for money
B) larger; smaller the demand for money
C) larger; larger the supply of money
D) smaller; larger the demand for money
E) larger; smaller the supply of money
A
You might also like to view...
Are municipal tennis courts and municipal golf courses public goods? Why or why not?
Which of the following individuals would be considered unemployed by the official government definition?
a. Alexander, a mathematician, who returned to graduate school after failing to find a job the last four months. b. Abigail, a medical student, who is still in college and is not working. c. Elizabeth, who is employed part-time but desires a full-time job. d. Darius, an auto worker vacationing in Florida during a layoff at a General Motors plant.
You have noticed that your next-door neighbor, Mary, always works in the garden, and her husband, Joe, always walks the dog. You conclude that if Joe and Mary are efficient, then it must be the case that:
A. Mary's opportunity cost of walking the dog is lower than Joe's. B. Mary has an absolute advantage in gardening. C. Joe has a comparative advantage in walking the dog. D. Joe experiences increasing opportunity costs when he gardens, but not when he walks the dog.
In a large open economy like the United States, an increased government budget deficit which reduces national saving
A. has no effect on investment, but reduces the current account balance. B. reduces investment and improves the current account balance. C. has no effect on either investment or the current account balance. D. reduces investment and reduces the current account balance.