Commercial bank ownership of corporate stock is prohibited by regulators in

Economies of scope exist when it is less expensive to produce two or more product lines in a single firm than it is to produce them separately

a. True b. False

Causality is clear and mechanical with the quantity theory of money. If M increases because:

A. V and Q are variable, the price level, P, increases. B. V and Q are variable, the price level, P, decreases. C. V and Q are constant, the price level, P, increases. D. V and Q are constant, the price level, P, decreases.