Spending VCU4 on real-world goods and services causes the nation's:

a. Demand for real goods and services to remain the same and monetary base to fall.
b. Demand for real goods and services to rise and M2 money supply to fall.
c. Demand for real goods and services to remain the same and M2 money multiplier to fall.
d. Demand for real goods and services to rise and monetary base to remain the same.

.D

Economics

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The reason that differences in economic growth rates are important in the long run is that

A) growth compounds over time. B) population naturally shrinks in most countries. C) real GDP usually drops when adjusted for inflation. D) nominal GDP typically increases faster than real GDP.

Economics

Refer to the information provided in Figure 8.6 below to answer the question(s) that follow.  Figure 8.6 Refer to Figure 8.6. Average fixed cost is represented by

A. curve 1. B. curve 2. C. curve 3. D. line segment AB.

Economics