Which of the following leads to a lower level of unemployment in the long run?
a. both an increase in the size of the money supply and an increase in the money supply growth rate
b. an increase in the size of the money supply but not an increase in the money supply growth rate
c. an increase in the money supply growth rate, but not an increase in the size of the money supply
d. neither an increase in the size of the money supply nor an increase in the money supply growth rate
d
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Electric car enthusiasts want to buy more electric cars at a lower price. All of the following events would have this effect except
A) technological advancement in the production of electric car batteries. B) an increase in the number of manufacturers of electric cars. C) a decrease in the price of lithium, which is used in the electric car batteries. D) an increase in the price of gasoline.
After the September 11, 2001 terrorist attacks, non-defense, non-homeland security government spending
A. increased, but at a rate almost exactly the same as it had before the attacks. B. increased at a rate much faster than it had before the attacks. C. was cut. D. increased, but at a rate much slower than it had before the attacks.