The supply of money is easier to control with commodity money than it is with fiat money

Standardized goods and services sold in the market are likely to have high switch-over costs

Indicate whether the statement is true or false

If planned injections increase by $100 per day and the MPC is four-fifths,

a. the multiplier will be 5. b. total daily spending will ultimately increase by $150. c. the MPS will be $25. d. All of these.