The net value of flows of financial assets and similar claims (excluding official international reserve asset flows) is called the

In the extended classical model, an unanticipated increase in the money supply would cause output to ________ and the price level to ________ in the short run

A) increase; increase B) decrease; remain unchanged C) remain unchanged; increase D) decrease; decrease

For much of its history, General Motors was characterized by having versions of the same car with different nameplates, e.g., Chevrolet vs. Cadillac. This business model has seemed less successful in recent years. What might explain this?

A) Consumers have more information concerning costs and quality. B) Consumers have more information concerning costs but not quality. C) Sellers have more information concerning costs but consumers have more information about quality. D) Consumers have less information concerning costs and quality.