An increase in the money supply will cause
A) the IS curve to shift down and to the right.
B) the IS curve to shift up and to the left.
C) the LM curve to shift down and to the right.
D) the LM curve to shift up and to the left.
C
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In regards to the uncommon length of the Great Depression, both Schumpeter and Higgs contend that:
a. private investment remained depressed in part due to the political climate created by the New Deal. b. Social Security and the freedoms granted to labor, along with a progressive tax structure promoted growth in private investment. c. the undistributed profits tax of 1936 encouraged businesses to undertake long-term investments. d. the New Deal rhetoric from President Roosevelt, offered a pro-business slant that offended labor groups.
Research estimates that the medical spending for obesity-related diseases was
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When a firm increases output and accepts a lower price to keep new firms from entering, it is engaging in:
A. limit pricing. B. cartel behavior. C. collusion. D. price fixing.