In the above figure, suppose the economy is initially at a short-run equilibrium at point D and there is an unanticipated increase in the money supply. Which point represents the new short-run equilibrium?

Absolute property rights exist when one individual or entity has complete control over a resource, including the right to transfer that resource to someone else

Indicate whether the statement is true or false

If New Yorkers decrease their purchases of French champagne, assuming all else remains constant, this will ________ of the United States

A) increase the trade deficit B) decrease the current account balance C) increase the balance of trade D) decrease net exports E) increase the balance of payments