In 1996, if nominal GDP was about $8.5 thousand billion. The stock of money was
a. about the same as this.
b. much less than this.
c. much more than this.
d. unrelated to this number.
b
Economics
You might also like to view...
Figure 10.4 Federal Surplus or Deficit as a Percent of GDP
What will be an ideal response?
Economics
An increase in the corporate profits tax is likely to cause
A) the equilibrium interest rate to rise and the equilibrium price of bonds to fall. B) the equilibrium interest rate to fall and the equilibrium price of bonds to rise. C) the equilibrium interest rate and the equilibrium price of bonds both rise. D) the equilibrium interest rate and the equilibrium price of bonds both fall.
Economics