A decrease in the discount rate by the Federal Reserve causes the money stock to expand
a. True
b. False
Indicate whether the statement is true or false
True
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Using only marginal revenue and marginal cost, we can determine whether a firm is incurring a profit or a loss
a. True b. False Indicate whether the statement is true or false
In 2015, Richard buys a 2003 Chevrolet minivan from a neighbor. Will this be counted in the GDP for 2015?
A. Yes B. No C. Yes, if sales tax is paid D. No, because the purchase was from an individual not a dealer
When unanticipated inflation occurs regularly, the degree of risk associated with investments in the economy
A. decreases. B. falls to zero. C. increases. D. remains stable.