The number of people living in urban areas fell after the Civil War and then increased as World War I approached
Indicate whether the statement is true or false
False
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When the nominal interest rate is ________ the equilibrium interest rate, the quantity of money demanded is less than the quantity of money supplied; when the nominal interest rate is ________ the equilibrium interest rate, the quantity of money
demanded exceeds the quantity of money supplied. A) equal to; less than B) less than; greater than C) greater than; equal to D) equal to; greater than E) greater than; less than
Suppose that, due to low profits, many individuals decide to leave the farming business. The effect of the exodus will be
A. to increase the demand for agricultural products. B. to increase the prices of agricultural products. C. to decrease the demand for agricultural products. D. to decrease the prices of agricultural products.