Refer to the table above. If the price of a chair decreases to $5 and the rental price of machines is $50 per day, up to how many machines should the firm rent?
A) 2
B) 3
C) 5
D) 7
C
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A change in monetary policy has a larger effect on aggregate demand the
a. flatter the LM curve. b. the less elastic money demand. c. more elastic money demand. d. steeper the IS curve. e. the steeper the LM curve.
In the end, the monetarist version of the quantity theory of money still leads to the same classical conclusion: Although money cannot influence how much we produce, it does influence the prices of the goods and services we produce
Indicate whether the statement is true or false
Most members of the European Union _____.
(A) Only import and export goods using a flexible exchange rate system. (B) Imposed high tariffs on all exports beginning in 1986. (C) Have switched their currencies to the euro. (D) Only trade goods with neighboring countries.
The brain gets most of its energy from:
A. dopamine. B. blood sugar. C. the prefrontal cortex. D. electrons.