If MV rises from 250 to 375,
A. PQ will fall by 50%.
B. PQ will remain the same.
C. PQ will rise by 50%.
D. PQ will rise by 100%.
C. PQ will rise by 50%.
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A situation in which spending exceeds income is
A) average propensity to save. B) dissaving. C) the saving function. D) the consumption function.
Since 1960, life expectancy at birth has ________ in the United States
A) dropped slightly B) remained unchanged C) risen almost 10 years D) risen more than 17 years
A perfect monopoly:
A. refers to a single seller. B. can extract all consumer surplus from a market. C. controls 90 to 100 percent of the market for a product. D. would produce efficient outcomes.
Based on the given figure, the economy is initially at point A on the monetary policy reaction function (RF1) and the aggregate demand curve (AD1). The actual rate of inflation is ?' and the Federal Reserve's target inflation rate is ?*1. 
If the Federal Reserve raises its target inflation rate to ?*3, then the Federal Reserve's monetary policy reaction function will ________ and the aggregate demand curve will ________.
A. shift to RF3; shift to AD2 B. shift to RF2; shift to AD3 C. shift to RF2; shift to AD2 D. shift to RF3; shift to AD3