Assuming a long-run aggregate supply curve, an increase in the money supply results in ________ in output and ________ in price level

A) an increase; no change B) a decrease; no change
C) a decrease; a decrease D) no change; an increase


D

Economics

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How are the following transactions entered into the U.S. balance of payments?

(a) The U.S. government sends $2,000 worth of food aid to Africa. (b) A U.S. firm exports $10,000 worth of goods to the United Kingdom, payable in 3 months. (c) A U.S. tourist in Amsterdam spends $200 for food and hotels.

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Most banks in the United States are owned by the government and operate as nonprofit institutions

a. True b. False Indicate whether the statement is true or false

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What effect does the payment of government unemployment insurance have on the unemployment rate?

What will be an ideal response?

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The mechanism behind the inflation insulation provided by a floating exchange rate is

A) Purchasing Power Parity. B) a fixed AA curve. C) market speculation. D) tight monetary policy. E) symmetry.

Economics