The ________ real GDP, the ________
A) larger; larger the demand for money
B) larger; smaller the demand for money
C) larger; larger the supply of money
D) smaller; larger the demand for money
E) larger; smaller the supply of money
A
Economics
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Dell lowers the price of their PCs by 10 percent. As a result, the quantity of Gateway computers demanded at the current price decreases by 12 percent
What is the cross elasticity of demand for Gateway computers with respect to the price of Dell computers? A) -1.20 B) -0.83 C) 1.20 D) 0.83
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Keynes believed that the economy could stay in period of unemployment for a long time period without self-correcting
a. True b. False Indicate whether the statement is true or false
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