In the short run, a decrease in the money supply will lead to a(n):
a. decrease in Gross Domestic Product.
b. increase in the price level

What role do business firms play in output markets and in factor markets?

What will be an ideal response?

As job opportunities for women and the wages those jobs pay have increased, the opportunity cost of doing housework has ________, so many families have chosen to hire specialists in households chores, such as cleaning services and lawn care services

, because the cost of these specialists is ________ than the cost of the wife (or husband) performing those chores. A) decreased; lower B) increased; higher C) decreased; higher D) increased; lower