The product of ____________________ and _________________ is equal to the total amount of spending in an economy

A) the money supply; the price level
B) velocity; the price level
C) the money supply; velocity
D) velocity; the level of output

C

Economics

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How is a production possibilities curve similar to a budget constraint?

What will be an ideal response?

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Which of the following is an obstacle to economic development?

A) poorly defined property rights B) foreign direct investment C) immigration D) openness to trade

Economics