Mary decides to buy a bond from Joe for $100. The money supply will
A) neither increase nor decrease. B) increase by more than $100.
C) decrease by $100. D) increase by $100.
A
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The text defines persuasion as inducing others to cooperate by
A) either threats or promises. B) employing deception. C) offering people additional options. D) providing monetary payments. E) using verbal arguments.
Long-run aggregate supply shocks are a source of business cycle fluctuations in ________
A) traditional Keynesian and new Keynesian theory B) new Keynesian and real business cycle theory C) real business cycle and traditional Keynesian theory D) traditional Keynesian, new Keynesian and real business cycle theory
Horizontal equity means that equally situated individuals should be taxed equally
a. True b. False Indicate whether the statement is true or false
A decrease in the federal funds rate is an indication that monetary policy is expansionary.
Answer the following statement true (T) or false (F)