If the per capita income of a country is growing at 3.5 percent per year, approximately how long will it take for that income to double?

Can a one-time increase in the supply of money cause one-shot inflation?

A) Yes, because it shifts the aggregate demand curve rightward. B) No, because it cannot shift the aggregate demand curve rightward. C) Yes, because it shifts the aggregate demand curve leftward. D) Yes, because it shifts the aggregate supply curve rightward.

There is an asset demand for money primarily because of which function of money?

A. medium of exchange B. store of value C. legal tender D. measure of value