Which of the following is a desirable feature in an economy?

The increase in spending that occurs because the demand for investment goods increases when the price level falls is known as the

A) price effect. B) international trade effect. C) wealth effect. D) interest rate effect.

Refer to Table 9-2. In Year 1, if savings deposits had been $200 billion instead of $150 billion, M1 would have been

A) unaffected. B) larger by $50 billion. C) smaller by $50 billion. D) $100 billion.