If monetary equilibrium were to occur
A) inflation would not occur.
B) deflation would not occur.
C) the price level would be stable.
D) all of the above would be true.
E) none of the above would be true.
D
You might also like to view...
The European Union became an economic union with the implementation of which treaty?
A) Treaty of Rome B) Single Europe Treaty C) Delor's Agreement D) Treaty on European Union E) Schengen Agreement
Many economists believe that restrictions against ticket scalping result in each of the following except
a. a smaller audience for cultural and sporting events. b. shorter lines at cultural and sporting events. c. less tax revenue for the state. d. an increase in ticket prices.
Trade is only beneficial if a nation has an absolute advantage in producing all products.
Answer the following statement true (T) or false (F)
The reason a corporation has retained earnings is to
A. avoid the double taxation of corporate profits. B. be able to make unemployment payments. C. pay unemployment taxes. D. make investments that will increase the value of the stock.