Increases in output and increases in the inflation rate have been linked to
A. increases in the money supply.
B. higher rates of interest.
C. discretionary tax policy.
D. discretionary government spending.
Answer: A. increases in the money supply.
You might also like to view...
According to the U.S. Secret Service, approximately $2.6 billion of U.S. paper currency in circulation is counterfeit
Undetected counterfeit currency which is spent and circulated in the marketplace is an example of the counterfeit currency being used as a A) medium of exchange. B) store of value. C) commodity money. D) bank reserve.
In much of Europe, the legal age to obtain a driver's license is 18. If the legal driving age in the United States was changed to 18, how would this affect the market for new automobiles? The market for automobile insurance?
What will be an ideal response?
A perfectly competitive firm is hiring variable resources M and N. It will minimize total costs
A) MRPm/MFCm = MRPn/MFCn. B) MRPm ? MFCm = MRPn ? MFCn. C) Pm/MPPm = Pn/MPPn. D) MPPm/Pm = MPPn/Pn.
A vertical supply curve represents:
A) an inverse relationship between price and quantity supplied. B) an independent relationship between price and quantity supplied. C) an independent relationship between price and supply. D) a direct relationship between price and quantity supplied. E) a direct relationship between price and supply.