The interest rate effect, the real balance effect, and the international trade effect all begin with a change in the price level

Indicate whether the statement is true or false

True

Economics

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Alice is willing to pay $3 for the second slice of pizza she eats. The price she pays is $2. Alice's consumer surplus for this slice of pizza equals

A) $0. B) $1. C) $2. D) $3.

Economics

The probably effect of introducing an increased number of automatic teller machines is to

A) increase money demand, shifting the LM curve up and to the left. B) increase money demand, shifting the LM curve down and to the right. C) decrease money demand, shifting the LM curve up and to the left. D) decrease money demand, shifting the LM curve down and to the right.

Economics