Persistent U.S. deflation between 1879 and the mid-1890s was primarily due to the fact that the ___________ was growing faster than the _________

a. supply of money; demand for money
b. demand for money; supply of money
c. demand for money; demand for goods
d. demand for goods; supply of money

b. demand for money; supply of money

Economics

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Everything else held constant, if aggregate output is to the ________ of the LM curve, then there is an excess supply of money which will cause the interest rate to ________

A) right; fall B) right; rise C) left; fall D) left; rise

Economics

As a percentage of national income, the U.S. spends more money on health care than any other industrialized nation

a. True b. False Indicate whether the statement is true or false

Economics