Populists proved themselves to be strong "quantity theory" activists by
(a) pushing the government to provide a general level of money demand that could be kept abreast
of farm output.
(b) advancing public education and woman suffrage efforts.
(c) trying to prohibit corporate subsidies.
(d) seeking to reserve land and other natural resources for farm and conservation use.
(a)
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The supply curve for a perfectly competitive firm is the portion of its marginal cost curve that lies above the average variable cost curve
Indicate whether the statement is true or false
American automobile manufacturers and dealers appear to adjust the price (sticker prices plus financing charges) by periodically changing interest rates and by using rebates and surcharges as opposed to directly changing sticker prices
Assuming that they maximize their profits, this pricing approach may reflect A) a relatively low cost to adjust sticker prices. B) a relatively low cost to adjust advertising. C) a relatively high cost to adjust sticker prices. D) a relatively high cost of advertising.