An increase in the price level leads to a
A) leftward shift in the demand for money curve.
B) rightward shift of the supply of money curve.
C) movement downward along the demand for money curve and no shift of the curve.
D) movement upward along the demand for money curve and no shift of the curve.
E) rightward shift in the demand for money curve.
E
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A solution concept for a game is
a. a measurement of the game's complexity. b. a way of determining whether the first or second player has an advantage. c. a normative judgment of the desirability of the game's outcome. d. a rule for predicting the game's outcome when it is actually played.
When statisticians fail to take into account improvements in the quality of goods and services, the CPI will tend to ________ the rate of inflation.
A. understate B. be unrelated to C. precisely measure D. overstate
Suppose the price of a good rises. The income effect
A) shows the change in consumption that results from the change in relative price while staying on the same indifference curve. B) shows the change in consumption that results from the change in relative price while keeping income constant. C) is shown by decreasing income at the new relative price in order to move from the old indifference curve to the new indifference curve after the price change. D) is shown by increasing income at the new relative price in order to move from the old indifference curve to the new indifference curve after the price change.
IMF conditionality refers to the
A) technical assistance the IMF gives. B) minimum size of a national debt problem that a country must have before the IMF gets involved. C) minimum-sized loan the IMF will make. D) maximum-sized loan the IMF will make. E) changes a country must make in order to receive IMF financial assistance.