As aggregate output rises, the demand for money ________ and the interest rate ________, so that money demanded equals money supplied and the money market is in equilibrium
A) increases; rises
B) increases; falls
C) decreases; rises
D) decreases; falls
A
Economics
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Of the following, the largest source of tax revenue collected by state and local governments comes from
A) individual income taxes. B) lottery revenues. C) corporate income taxes. D) death taxes. E) sales taxes.
Economics
Government imposed price controls often lead to
A) illegal trades of the good. B) the most efficient use of resources. C) the equilibrium solution in terms of price and quantity. D) maximization of profits.
Economics