What is the relationship between interest rates and demand for money?
(A) As interest rates decrease, demand for money increases.
(B) Interest rates and demand for money are unrelated.
(C) As interest rates increase, demand for money increases.
(D) Interest rates are determined by demand for money.
Ans: (A) As interest rates decrease, demand for money increases.
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Since 1990, the aggregate emissions of criteria air pollutants have decreased 59 percent despite
a. population increasing 24 percent. b. gross domestic product (or aggregate production in the USA) increasing 65 percent. c. vehicle-miles traveled increasing 40 percent. d. energy consumption increasing 15 percent. e. All of the above. f. None of the above.
An example of the outlet substitution bias in the calculation of the CPI is a price increase in
A) a trip to Mexico for a couple that had previously taken vacations in Europe. B) a 2014 Honda Civic relative to a 2004 Honda Civic. C) GPS units versus AAA map books. D) textbooks bought through the campus bookstore relative to textbooks via Craigslist. E) olive oil versus vegetable oil.