Which of the following functions express the money multiplier (m) for the narrowly defined money stock (M1)?

Except for perfect substitutes or perfect complements, indifference curves

A) are straight lines with a positive slope. B) slope upward to the right. C) are bowed in toward the origin. D) are bowed out away from the origin.

Recovery is the phase of the business cycle during which real GDP reaches its maximum

a. True b. False Indicate whether the statement is true or false