A decrease in the real money supply can result from:
A) increase in the nominal money supply or an increase in the price level.
B) increase in the nominal money supply or a decrease in the price level.
C) decrease in the nominal money supply or an increase in the price level.
D) decrease in the nominal money supply or a decrease in the price level.
C
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Refer to the figure below. An increase in demand is represented by a shift from: 
A. curve D to curve C. B. curve A to curve B. C. curve C to curve D. D. curve B to curve A.
Which of the following is NOT a device to reduce transaction costs?
A) shopping centers B) auto dealers located close together C) government prohibitions on advertising D) banks that direct funds from savers to borrowers
Which type of money has the lowest opportunity cost?
a. Silver coins b. Gold coins c. Commodity money d. Diamonds e. Fiat money
Above-equilibrium wages caused by efficiency wages will most likely result in
a. a shortage of labor. b. increased unemployment. c. compensating wage differentials. d. an decrease in the quantity of labor supplied.