The demand for money curve shows that there is an inverse relationship between the quantity of money demanded and the:

Based on the answer above, the price for bus rides _____________ and the quantity demanded for bus rides ____________

a. Increase; increase b. Increase; decrease c. Decrease; increase d. Decrease, decrease

Which of the following statements is not correct? a. Economic growth is best measured by the annual percentage change in nominal GDP per capita. b. An economy producing along the production possibilities curve is operating at its potential output. c. Economic growth is a crucial determinant of people's well-being

d. If the quality of labor improves, an economy's production possibilities curve will shift outward.