The money demand curve will shift when there is a change in the:
a. unemployment rate
b. inflation rate.
c. money supply.
d. nominal interest rate.
e. price level.
e
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Which of the following equations is incorrect?
A) AFC = ATC - AVC B) ATC = AVC - AFC C) AVC + AFC = ATC D) ATC - AFC = AVC
A monetary policy target is a variable that
A) the Fed cannot affect directly. B) the Fed has no ability to change. C) the Fed can affect directly. D) equals one of the Fed's main policy goals.
The Montreal Protocol uses the following instruments to protect the ozone layer
a. a CFC production and consumption allowance market b. a fund to subsidize developing countries c. a deposit-refund system for CFC substances d. all of the above e. a and bonly
James Anderson used to work in a reputed multi-national company. During a recession, he lost his job. After a few years, he was unable to get a job and his son was forced to forgo his college education. Mr. Anderson's unemployment resulted in _____
a. a loss of lifetime earnings b. a loss of human capital c. the deterioration of health d. a loss of social cohesion