Classical economists wrote from the 1770s to the ________

During an economic expansion, the demand for money ________ because ________

A) decreases; nominal GDP increases B) increases; real GDP increases C) increases; nominal GDP does not change D) does not change; people make more purchases with credit cards E) decreases; real GDP increases

The relationship between the price of a good and the quantity people are willing and able to purchase is:

A) supply. B) demand. C) equilibrium. D) disequilibrium.