The school of engineering at a modern university would be a supporter of the new
a. consumption theory.
b. growth theory.
c. monetary theory.
d. construction theory.
b
You might also like to view...
The long-run money demand curve shows
A) that the value of money influences the quantity of money that households and firms plan to hold. B) how the Fed determines the appropriate interest rate. C) the relationship between real GDP and money demand. D) that the value of money is directly related to the quantity of money demanded. E) the relationship between potential GDP and money demand.
If goods X and Y are substitute goods, then an increase in the price of Y, other things being equal,
A) results in a decrease in the amounts of both X and Y consumed. B) decreases the quantity demanded of Y, but has no effect on the amount of X consumed. C) results in a decrease in the quantity of Y consumed, but increases the demand for X. D) has no real effect on the quantity demanded of good Y, but increases the demand for X.