If the Fed sells U.S. government securities, the
A. money supply increases, and the money supply curve shifts to the right.
B. money supply decreases, and the money supply curve shifts to the left.
C. money supply increases, and the money supply curve shifts to the left.
D. money supply decreases, and the money supply curve shifts to the right.
Answer: B
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Has population growth been a burden for China? Please answer true or false and explain
What will be an ideal response?
If a natural disaster destroys some of the capital stock, then the classical model predicts
a. labor demand, real wages, and output will fall. b. labor demand and real wages will rise, output will fall. c. the labor market remains unchanged but output falls. d. None of the above
Assume the graph shown represents the market for pizzas sold in an hour. Which of the following could be a reason S2 to S1?
A. The price of pizza sauce has increased.
B. The price of pizza went down.
C. The price of labor for pizza shops went down.
D. People just don’t have preferences for pizza anymore.
According to classical economists,
A) spending equals saving. B) saving equals income. C) income equals wealth. D) none of the above