Most economic graphs have two lines perpendicular to each other. The vertical line is called the
A) time axis. B) y-axis. C) x-axis. D) variable. E) origin.
B
Economics
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A factor market is a market in which
A) households buy goods and services. B) households sell the services of the factors of production they control. C) firms sell the services of the factors of production. D) firms sell goods and services.
Economics
Suppose households attempt to increase their money holdings. To stabilize output by countering this increase in money demand, the Federal Reserve would
a. increase government spending. b. increase the money supply. c. decrease government spending. d. decrease the money supply.
Economics