The relationship between x and y in the above figure is

A) positive with an increasing slope.
B) positive with a decreasing slope.
C) negative with an increasing slope.
D) negative with a decreasing slope.


A

Economics

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An international division of labor will have no effect on total world output because resources are limited

Indicate whether the statement is true or false

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An increase in the money supply would cause the FE line to

A) shift to the right. B) shift to the left. C) remain unchanged. D) remain unchanged if Ricardian equivalence holds; otherwise, shift to the right.

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a. higher; higher; higher b. lower; higher; higher c. lower; lower; higher d. lower; lower; lower e. lower; higher; lower

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