If the price level rises, what will happen to the demand for reserves?
a. It will shift outward.
b. It will shift inward.
c. It will remain unchanged.
d. It depends on what happens to interest rates.
a
Economics
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Scarcity is determined by the existence of bad alternatives.
a. true b. false
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Total factor productivity is
a. changes in amounts of factors of production b. changes in output due to changes in the amount of factors of production c. changes in output due to changes in productivity of factors of production d. changes in productivity of factors of production due to changes in other factors e. none of the above
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