According to the Monetarists, the money supply is a major factor determining

A) aggregate supply.
B) aggregate demand.
C) velocity.
D) real wages.

B

Economics

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Adverse selection is the tendency for people who accept contracts to be those who

A) buy goods and then regret it later. B) buy goods for more than their own reservation price. C) plan to use private information to the disadvantage of the less well-informed party. D) engage in a number of searches larger than that specified in the contract.

Economics

The relationship between sales and revenue is

A) an inverse relationship. B) a direct relationship. C) a negative relationship. D) independent.

Economics