In the above figure, a movement from point B to point C could be explained by
A) an increase in the price level.
B) a decrease in the quantity of money in circulation.
C) increased government spending.
D) the real-balance effect.
C
Economics
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How are the fundamental economic questions answered in a market economy?
A) Large corporations alone decide the answers. B) Households and firms interact in markets to decide the answers to these questions. C) Individuals, firms, and the government interact in markets to decide the answers to these questions. D) The government alone decides the answers.
Economics
People over age 65 have higher poverty rates than those under age 18
Indicate whether the statement is true or false
Economics