An increase in the money supply in the simple Keynesian model causes
A) income to fall.
B) inventories to rise.
C) interest rates to fall.
D) investment to fall.
C
Economics
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What is the main reason that the distribution of measured wealth is more unequal than the distribution of income?
What will be an ideal response?
Economics
Considerable day-to-day volatility in major exchange rates is caused by
A) shifts in tastes or preferences for domestic versus foreign goods. B) international capital mobility and expectations of future exchange rates. C) sudden changes in productivity in one nation versus others. D) highly variable inflation rates in some industrialized countries.
Economics