If P rose by 20% and Q stayed the same, what would happen to MV?

What will be an ideal response?


MV would rise by 20%.

Economics

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A device used to measure the movement of stock prices is called a(n)

A) exchange B) index. C) network. D) bureaucracy.

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Which of the following countries is not a member of the European Union?

a. Switzerland b. Portugal c. Sweden d. Ireland

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If we are going to get the most value from our resources, entrepreneurs should choose the investment alternatives that

What will be an ideal response?

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The price of a gallon of gasoline at the pump increased by 5 percent at the same time that the inflation rate was also 5 percent. The nominal price of gasoline ________, and the real price of gasoline ________.

A. did not change; increased B. increased; did not change C. did not change; did not change D. increased; decreased

Economics