A competitive market is one in which a number of buyers and sellers are offering similar products, and no single buyer or seller can influence the market price

The fact that some people can afford to live in beautiful homes while others are homeless, is most directly an example of an economy facing the ________ part of one of the two big economic questions

A) "for whom" B) "when" C) "how" D) "why"

If the Fed wanted to prevent a change in money demand from affecting real GDP, which of the following rules would be feasible and allow the Fed to attain its goal?

a. Keep government spending constant b. Keep the money supply constant c. Keep money demand constant d. Keep taxes constant e. Keep the interest rate constant