Based on the quantity equation, if M = 100, V = 3, and Y = 150, then P =
a. 1.
b. 1.5.
c. 2.
d. 4.5.
c
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If we wanted to consider all the money that had been "multiplied" in the economy, we would think about:
A. hard money. B. M1. C. M2. D. None of these.
Figure 4-22
Refer to . The equilibrium price in the market before the tax is imposed is
a.
$1.00.
b.
$3.50.
c.
$5.00.
d.
$6.00.
The ________ curve intersects the average variable cost curve at the minimum value of the average variable cost curve.
A. average fixed cost B. marginal cost C. total cost D. total variable cost
Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. 
Figure 7.8Refer to Figure 7.8 The firm?s isocost line could shift from CE to CD if
A. the firm?s total expenditures decreased by 33% or the price of capital and labor each increased by 50%. B. the firm?s total expenditures decreased by 33%. C. the price of capital increased. D. the price of labor increased by 33%.