Demand-pull inflation is associated with:
a. decreasing total spending (demand).
b. increasing total spending (demand).
c. decreasing costs of production (supply).
d. increasing costs of production (supply).
b
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Imposing a tariff on a good leads to a ________ in the price of the product and ________ in imports
A) rise; no change B) fall; a decrease C) rise; an increase D) fall; an increase E) rise; a decrease
Owners face unlimited liability in
A) national corporations and global corporations. B) partnerships and corporations. C) proprietorships and corporations. D) proprietorships and partnerships.
Are outstanding credit card balances counted as part of the money supply?
What will be an ideal response?
The asset demand for money is downsloping because:
A. the opportunity cost of holding money increases as the interest rate rises. B. it is more attractive to hold money at high interest rates than at low interest rates. C. bond prices rise as interest rates rise. D. the opportunity cost of holding money declines as the interest rate rises.