According to real business cycle theorists, an increase in total factor productivity could lead to an increase in the nominal money supply due to
A) the cyclical behavior of tax collections and attempts by the Federal Reserve to stabilize real output.
B) the Federal Reserve's attempts to stabilize real output and the price level.
C) the Federal Reserve's attempts to stabilize the price level and banking sector expansion of deposit money.
D) banking sector expansion of deposit money and the cyclical behavior of tax collections.
C
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Interlace, Inc produces and a unique soda. The company cannot price discriminate. The figure above shows Interlace's demand curve, marginal revenue curve, and marginal cost curve. Interlace, Inc is definitely
A) a perfectly competitive firm. B) not a perfectly competitive firm. C) a natural monopoly. D) None of the above answers is correct.
To be considered employed, a person must have a full-time job
a. True b. False Indicate whether the statement is true or false