If the price level falls, the money demand curve will
a) shift to the right
b) shift to the left
c) become steeper
d) become flatter
e) none of the above
Answer: b) shift to the left
Economics
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Refer to Figure 13-11. What is the monopolistic competitor's profit maximizing price?
A) P1 B) P2 C) P3 D) P4
Economics
Say you had an 8 A.M. economics class, and you only come to campus to attend your economics class. The cost of coming to the economics class would then include: a. the value of the time it took to drive to campus. b. the cost of the gasoline it took to get to campus. c. the cost of insuring the car for that day
d. a. and b.
Economics