Which of the following will not cause the aggregate supply curve to fall?
a. A reduction in a nation's level of productivity.
b. A decrease in the nation's average price level (i.e., the implicit price index).
c. An increase in input prices.
d. A decrease in the value of the domestic currency.
e. Natural disasters.
.B
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Which four nations account for most of the population and economic activity in Latin America?
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Which of the following is NOT a form of e-money?
A) a debit card B) a credit card C) a stored-value card D) a smart card
The money demand curve slopes: a. downward because the cost of holding money decreases as the interest rate decreases
b. downward because the cost of holding money increases as the interest rate decreases. c. upward because people demand more money as real GDP increases. d. upward because people demand more money as real GDP decreases. e. downward because people demand more money as the price level decreases.