The velocity of money ________ be affected by how frequently workers are paid, and ________ be affected by the development of new financial instruments, such as interest-bearing checking accounts.
A. cannot; can
B. can; can
C. can; cannot
D. cannot; cannot
Answer: B
You might also like to view...
A firm that sells at a price below average cost is losing money.
Answer the following statement true (T) or false (F)
Which of the following is a reason why American ideology regarding antitrust policy has changed over the past few decades?
A. Fewer foreign firms face restrictions in their home countries. B. More foreign producers provide competition for domestic producers. C. More Americans are stockholders and benefit from monopolies. D. Fewer Americans are involved in the political process.
Which of the following is not a characteristic of the structure of perfectly competitive markets?
A. Each individual firm is small in size relative to the overall market. B. Few sellers. C. Homogeneous product. D. Easy, low cost entry and exit.
The purchase of a new house is included in
A) consumption expenditures. B) investment expenditures. C) government purchases. D) net exports.