When buying a car from a commission salesman you improve your bargaining position by
a. shopping when the new model year cars have just arrived
b. shopping when the showroom is empty of customers
c. shopping when the car lot has only few cars left unsold
d. shopping toward the beginning of the month
b
Economics
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The reason that changes in spending don't immediately flow into changes in inflation is that:
A. the velocity of money changes only slowly. B. real GDP is relatively stable. C. prices and wages are sticky. D. inflation depends on the money supply.
Economics
All else remaining equal, if the amount of checkable deposits increase, this will increase the size of:
a) only M1. b) only M2. c) M1 and M2. d) neither M1 nor M2.
Economics