Money demand depends on
a. the price level and the interest rate.
b. the price level but not the interest rate.
c. the interest rate but not the price level.
d. neither the price level nor the interest rate.
a
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If Microsoft is a monopoly and currently charges prices where its demand is elastic, then Microsoft's marginal revenue is
A) negative. B) positive. C) zero. D) minimized. E) undefined.
What kind of information is conveyed in a time-series graph?
What will be an ideal response?
Household savings rates:
A. vary enormously across countries. B. are remarkably similar across countries. C. seem to be similar for countries within the same continent. D. are impossible to compare across countries.
Currently, the U.S. net national debt is almost 60 percent of GDP, but this percentage is smaller than that of many fiscally healthy countries
a. True b. False Indicate whether the statement is true or false