Monetizing the debt has what effect on the economy?

A. Slow increase in AS with steady inflation
B. Rapid increase in AD with an increase in inflation
C. Rapid increase in AS with a drop in inflation
D. Decrease in AD with an increase in inflation

Answer: B

Economics

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Refer to Table 2.1. GDP in 2013 is

A) $243.00. B) $267.50. C) $294.00. D) $302.50.

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Denise values a stainless steel dishwasher for her new house at $500, but she succeeds in buying one for $350 . Denise's consumer surplus is

a. $150. b. $350. c. $500. d. $850.

Economics