The supply curve for money ________

A) is upward sloping with respect to interest rates
B) is fixed to a specified interest rate
C) is fixed regardless of the interest rate
D) is downward sloping with respect to interest rates
E) none of the above

C

Economics

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The equation representing the final demand approach to calculating GDP is

a. Y = C + I + X + IM. b. Y = C + I + G. c. Y = G + I + X ? IM. d. Y = C+ I + G + (X ? IM).

Economics

Figure 4-18


In Figure 4-18, there would be a surplus of T-shirts if the price were

a.
$10.

b.
$8.

c.
below $8.

d.
between $8 and $6.

Economics