The market process is
A) governmental.
B) institutional.
C) dynamic.
D) all of these choices.
D
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Assume a fixed demand for money curve and the Fed increases the money supply. The result is a temporary:
a. excess quantity of money demanded. b. excess quantity of money supplied. c. new equilibrium interest rate. d. decrease in the demand for loans.
Which statement about poverty in the United States is true?
a. Most people living below the poverty line are white. b. Most people living below the poverty line are African American. c. Poverty rates are relatively low for females. d. Poverty rates are relatively low for Hispanics.
Macroeconomic theory can be helpful to business managers, because:
a. It is like a crystal ball showing the future. b. It can reduce the odds of making bad decisions and increase the odds of making goods ones. c. It shows how the future is rather predictable, and by using these tools, countless riches can be made. d. It has been shown to be a highly accurate way of forecasting economic activity. e. All of the above.
Other things the same, a fall in an economy's overall level of prices tends to
a. raise both the quantity demanded and supplied of goods and services. b. raise the quantity demanded of goods and services, but lower the quantity supplied. c. lower the quantity demanded of goods and services, but raise the quantity supplied. d. lower both the quantity demanded and the quantity supplied of goods and services.