The price of jet fuel falls. This fall shifts the
A) demand curve for airplane trips rightward.
B) demand curve for airplane trips leftward.
C) supply curve of airplane trips rightward.
D) supply curve of airplane trips leftward.
C
Economics
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If the quantity theory of money holds, then in an economy,
A) inflation = growth rate of money supply - growth rate of real GDP. B) inflation = growth rate of money supply + growth rate of real GDP. C) inflation = growth rate of money supply - growth rate of nominal GDP. D) inflation = growth rate of money supply + growth rate of nominal GDP.
Economics
If actual reserves are 100 when deposits are 400, then definitely the desired reserve ratio is 0.25
Indicate whether the statement is true or false
Economics