If an economy produces 5,000 units of output with a price level of $1 and with a velocity of money of 4, we know that the money supply must be:
A. $5,000.
B. $4,000.
C. $2,500.
D. $1,250.
Answer: D
Economics
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A jar has 20 red jelly beans and 40 black jelly beans. If you pick a red jelly bean and put it back, what are the odds of picking a black jelly bean next?
A) 20/40 B) 20/60 C) 40/60 D) 1 (100%)
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Who of the following has been prominently accused of acting on the basis of the "edifice complex?"
a. the Environmental Protection Agency? b. A. C. Pigou c. the Army Corps of Engineers d. environmental activists
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An increase in net taxation increases aggregate supply.
Answer the following statement true (T) or false (F)
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