An increase in the price level causes
A) the money demand curve to shift to the left.
B) a movement up along the money demand curve.
C) a movement down along the money demand curve.
D) the money demand curve to shift to the right.
D
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The devaluation of a currency develops once ________
A) an increase in the value of a country's currency develops B) a monetary authority runs out of international reserves C) the level of domestic income falls D) an increase in the domestic price level develops
Which statement is false?
A. The unemployment rate for blacks has consistently been double that of whites. B. The largest source of income is property income. C. Women have traditionally earned 60% of what men have earned. D. None of these statements are false.
Most, but not all, athletic apparel sold in the United States is imported from other nations. If the price of athletic apparel increases, the GDP deflator will
a. increase less than will the consumer price index. b. increase more than will the consumer price index. c. not increase, but the consumer price index will increase. d. increase, but the consumer price index will not increase.
Deficit financing tends to change the mix of output in the direction of more
A. Business sector goods. B. Public sector goods. C. International sector goods. D. Private sector goods.