According to AD-AS model, the primary long-run effect of increases in the money supply is
A) higher price level.
B) higher GDP.
C) lower price level.
D) lower GDP.
A
Economics
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Total government spending in the U.S. economy was around _____ of the GDP in the financial year 2010
a. 5 percent b. 36 percent c. 25 percent d. 44 percent e. 16 percent
Economics
A pharmaceutical company unexpectedly announces that it just developed an important new drug. This news should
a. raise the price of the corporation's stock; if it does not the stock is overvalued. b. raise the price of the corporation's stock; if it does not the stock is undervalued. c. reduce the price of the corporation's stock; if it does not the stock is overvalued. d. reduce the price of the corporation's stock; if it does not the stock is undervalued.
Economics