Which of the following is least likely to increase the demand for new tires?
a. a decrease in the price of tires
b. a decrease in the price of cars
c. an increase in consumer income
d. an increase in the number of miles people drive per year
a
Economics
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Analyze the short-run and long-run effects of an unanticipated decrease in the money supply in the misperceptions model. Tell what happens to output, the price level, and the expected price level in both the short run and long run
What will be an ideal response?
Economics
Federal Reserve credit is equal to bank borrowing plus U.S. government security holdings plus
A) currency outstanding. B) capital accounts. C) float. D) bank reserves.
Economics