What three factors affect the demand for money?
What will be an ideal response?
the interest rate, the price level, and the level of real GDP
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Contracts are enforced by
a. the firms that make the contracts through buy-out clauses b. law firms that specialize in contract enforcement c. corporations specializing in contract writing and enforcement d. the government through the judicial system e. both households and firms through customer relations departments
The perfectly competitive firm's supply curve is:
a. that portion of the marginal cost curve which intersects and rises above the average total cost curve. b. that portion of the marginal cost curve which intersects and rises above the average variable cost curve. c. the entire marginal cost curve. d. the rising portion of the average variable cost curve.