The phenomenon that interest rates may be so low that increases in the money supply will have no impact on aggregate demand is called:

According to this Application, clear property rights are important for economic growth, because without a clear title to property

A) no utilities will be available for the property. B) the property cannot be used as collateral for loans. C) people will not reside on the property. D) the property has no value.

If a firm is earning negative economic profits, it implies

a. That the firm's accounting profits are zero b. That the firm's accounting profits are positive c. That the firm's accounting profits are negative d. More information is needed to conclude about accounting profits