In the above figure, the axis breaks are used
A) to create a misleading graph.
B) to indicate that there are jumps from the origin, 0, to the first values recorded along the axes.
C) to indicate that there are not enough data to be included in the graph.
D) to show that there are no data available for the omitted ranges.
B
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A strength of the market economy is that:
a. it results in an equal distribution of wealth. b. resources are used efficiently. c. planners rather than consumers determine answers to the basic economic questions. d. information for production and distribution decisions passes directly from the government to buyers.
In the short run, which of the following is the most likely effect of an unanticipated move to a more expansionary monetary policy?
a. an increase in employment b. a decrease in employment c. an increase in the velocity of money d. an increase in prices proportional to the rise in the money supply