Good weather is an example of a natural condition that affects supply for salmon fishing.
Select whether the statement is true or false.
A. True
B. False
A. True
This statement is true. Good weather is an example of a natural condition that affects supply for salmon fishing.
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The Fed has announced that it plans to lower the rate of monetary growth from 10% per year to 2% per year. You would expect this announcement to directly
A) increase money demand, shifting the LM curve up and to the left. B) increase money demand, shifting the LM curve down and to the right. C) decrease money demand, shifting the LM curve up and to the left. D) decrease money demand, shifting the LM curve down and to the right.
Shoe-leather costs refer to:
A. the money, time, and opportunity used to change prices to keep pace with inflation. B. the time, money, and effort one has to spend managing cash in the face of inflation. C. being penalized via taxes for making more money in dollars, even though real purchasing power hasn't changed at all. D. labor costs associated with inflation.
The flour used in the pizza you bought for dinner last night is considered a final good
a. True b. False Indicate whether the statement is true or false
The primary currency circulating in the United States consists of:
a. bank checks that are certified. b. Federal Reserve Notes. c. credit cards. d. gold certificates.