The interest-rate effect is the impact on real GDP caused by the ____ relationship between the price level and the interest rate

Which of the following statements is true of data?

A) Anecdotes work as good substitutes for data. B) Data help in verifying causal relationships. C) Data are not important to evaluate theories. D) The less the available data, the better the analysis.

Fact: Churches and charities work hard to acquire more money to advance their projects. They happily accept money because

A) they are clearly selfish and materialistic. B) the transaction costs of donating money are generally lower than the costs of donating other goods and services. C) they tend to see money as the root of all evil, and by collecting it they can more effectively destroy it and change the system for the better. D) none of the above.