Movement along the aggregate demand curve may be caused by a change in autonomous investment spending.
a. true
b. false
b. false
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Money market mutual funds invest in
A) residential mortgages. B) commercial real estate. C) long-term government securities. D) highly liquid assets.
Which of the following must be true of a commodity for it to be used as money?
a) Its value must be easy to determine. b) It must not be divisible. c) It must not be durable. d) It must not be readily accepted by many people.
When a bank sells a bond to the Fed
A. its liabilities decrease. B. its liabilities increase. C. its reserves initially increase. D. its reserves initially decrease.
If the price of A is $3 and the price of B is $5, then, in a consumer optimum
A. the marginal utility of A must equal 3 and the marginal utility of B must equal 5. B. the quantity purchased of B must be 67 percent of the quantity of A purchased. C. the marginal utility of B must be 67 percent more than the marginal utility of A. D. the quantity purchased of B must be 60 percent of the quantity of A purchased.