Decreasing government spending and decreasing the minimum wage are two policies that both work to decrease the price level.
Answer the following statement true (T) or false (F)
True
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If you use a check to pay your monthly rent,
A) the check is considered money because you received something in return. B) the check is not money because it is just an instruction to your bank to make a payment. C) you have used money because the landlord accepted it as a means of payment. D) the check becomes money when it arrives at the landlord's bank. E) the check is not money because it is not part of M1.
In the above figure, what is the minimum supply price for the fourth gallon of ice cream?
A) $2.00 B) $3.00 C) $4.00 D) $5.00
You have a bond that pays $125 per year in coupon payments. Which of the following would result in an increase in the price of your bond?
A) The likelihood that the firm issuing your bond will default on debt increases. B) Coupon payments on newly-issued bonds rise to $140 per year. C) The price of a share of stock in the company falls. D) Coupon payments on newly-issued bonds fall to $75 per year.
Many industries are regulated in the United States, from railroads and electric utilities to cable TV.
Answer the following statement true (T) or false (F)