Ajax Corporation has recently finished building a new factory. They moved into the factory a month ago and found that it is the perfect size given the amount they want to produce. Ajax is now operating in the

The quantity theory of money assumes that the velocity of money:

a. will rise if the money supply rises, but it will not change if the money supply falls. b. will fall if the money supply rises, and it will rise if the money supply falls. c. is constant. d. will rise if the money supply rises and fall if the money supply falls.

More than 80 percent of American firms are incorporated.

Answer the following statement true (T) or false (F)