Empirical studies show that countries with low standards are very successful at attracting foreign investment

The simple quantity theory of money predicts that if

A) the money supply rises by $200, then GDP falls by $200. B) GDP rises by $400, then the money supply rises by $400. C) the money supply rises by 10 percent, then the price level rises by 10 percent. D) the money supply falls by $300, then GDP rises by $300.

The demand curve for the product of a monopolistically competitive firm slopes downward because

A) products are perceived by consumers as different. B) products are homogeneous. C) people only care about price when they buy a good. D) the firm's goal is to maximize profits.