If MV rises from 250 to 375,
A. PQ will fall by 50%.
B. PQ will remain the same.
C. PQ will rise by 50%.
D. PQ will rise by 100%.
C. PQ will rise by 50%.
Economics
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If an individual moves money from currency to a demand deposit account
A) M1 decreases and M2 stays the same. B) M1 stays the same and M2 increases. C) M1 stays the same and M2 stays the same. D) M1 increases and M2 stays the same.
Economics
If a firm is operating at an output level where losses are minimized, the firm
A) has no incentive to stay in the industry. B) is better off exiting the industry. C) is maximizing profits. D) will shut down.
Economics