In modern economies, the supply of money depends mainly on the economy's ________
A) tax rates
B) mining of precious metals
C) net exports
D) growth of output of goods and services
E) none of the above
E
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Refer to above figure. If OmL1 workers are employed in manufacturing then what is the marginal productivity of labor in agriculture?
What will be an ideal response?
In a perfectly competitive labor market, the wage rate paid by the individual firm is
A) the equilibrium market wage rate. B) dependent on the demand for the product. C) below the equilibrium market wage rate. D) a function of the tax system.
Vouchers allow students to
A. get free lunches at public schools. B. go to public schools at reduced rates. C. receive discounts on school supplies like pens and paper. D. all of these. E. none of these answer options are correct.
Refer to the above table. Given the demand and cost? schedules, what is the profitminusmaximizing price for this? monopolist?
A. $11 B. $10 C. $12 D. $9