At a given point in time, if the demand for money increases:
a. the interest rate will fall
b. there will be a movement downward along the money demand curve.
c. there will be a movement upward along the money demand curve.
d. there will be a rightward shift of the money demand curve.
e. there will be a leftward shift of the money demand curve.
d
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Which of the following is true?
a. Real federal spending per person was approximately 50 times higher in 1900 than 1800. b. Real federal spending per person was approximately 80 times higher in 2012 than 1916. c. Real federal spending per person grew slowly under the Reagan Administration during the 1980s, but it increased rapidly under the Clinton administration in the 1990s. d. In recent years, government expenditures at the state and local levels have been greater than government spending at the federal level.
The market for home-delivered pizza is extremely competitive in Introville, Utah, and prices continue to fall. Assume they have fallen so low that the 20 pizza delivery firms are all suffering economic losses. What will likely happen in the long run?