What is a primary determinant of the asset demand for money?
I. the interest rate
II. the opportunity cost of holding money
III. the supply of money
A) I only B) III only C) both I and II D) both II and III
C
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A good example of a price floor is
a. rent controls on rental apartments in major cities b. the cheapest tickets to concerts c. the minimum wage law d. food stamps provided to low-income people who use them to purchase specific basic foods at retail stores, such as corner groceries and supermarkets e. discount airfares
In a world of imperfect knowledge and uncertainty, the return to investors who undertake projects that increase the value of resources is called
a. economic profit. b. accounting profit. c. the inflationary premium. d. the real interest rate.
Based on the figure below. An economy is currently in long-run equilibrium at point B, at an inflation rate of ?', which is too high for to sustain economic growth. If an anti-inflationary policy is enacted, the economy will be in short-run equilibrium at point ________ creating _____gap. 
A. A; a recessionary B. D; a recessionary C. D; an expansionary D. A; an expansionary
In the above figure, along which range would the demand for this good be most elastic?
A. between point c and point d B. between point d and point e C. between point a and point b D. at point e