Cashing out capital gains in Virtual Currency System #3 (i.e., turning virtual capital gains into real world currencies) causes the nation's:
a. Monetary base to rise.
b. M2 money supply to rise.
c. M2 money multiplier to rise.
d. Monetary base to remain the same.
.D
Economics
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Assuming coffee and cola are substitutes, if the price of coffee rises
A) there is a movement along the demand curve for cola. B) the demand curve for coffee will shift to the right. C) the demand curve for cola will shift to the right. D) the demand curve for coffee will shift to the left.
Economics
At the point where total utility is at its peak, marginal utility is:
a. zero. b. positive. c. negative. d. positive, but declining. e. positive, but increasing.
Economics