Complete the following analogy: A criminal is to a police artist's sketch as the economy is to

Refer to Scenario 18.1. When Curly made the loans to Larry and Shemp, the money supply

A) did not change. B) decreased by 300 coins. C) increased by 300 coins. D) increased by 500 coins.

Using the notation Pt to designate this period's price level and Pt-1 to designate last period's price level, the formula for measuring the inflation rate from last period to this period is

A) [(Pt - Pt - 1 ) / Pt] × 100. B) [(Pt -1 - Pt) / Pt - 1] × 100. C) [(Pt - Pt - 1 ) / Pt - 1] × 100. D) [(Pt -1 - Pt) / Pt] × 100.