If money supply increases, P will rise as long as V and Q remain constant

a. True
b. False
Indicate whether the statement is true or false


True

Economics

You might also like to view...

Rational expectations theory rejects the concept that only unanticipated or surprise policies can influence inflation

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following would be most likely to earn an AAA rating from Standard & Poor's?

A. A 10-year bond issued by Canada B. A 10-year bond issued by a state or municipality C. Shares of stock in Coca-Cola D. A bond issue by a new vegetarian fast-food chain

Economics

Refer to the information provided in Figure 7.9 below to answer the question(s) that follow.  Figure 7.9Refer to Figure 7.9. The slope of isocost CE is

A. -1/2. B. -1. C. -2. D. indeterminate from this information, as the prices of capital and labor are not given.

Economics

When producers agree to restrict output, raise the price, and increase profits, the agreement is called ________

A) a pricing agreement B) an oligopoly agreement C) a collusive agreement D) a monopoly agreement

Economics