Which of the following would lead to a rightward shift of the money demand curve?

a. Expectations that the interest rate will fall
b. New substitutes for money become popular
c. The use of electronic money increases
d. Substitutes for money become less popular
e. The use of credit cards increases

D

Economics

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Refer to Figure 12-2. Suppose the firm is currently producing Q2 units. What happens if it expands output to Q3 units?

A) It makes less profit. B) It will be moving toward its profit maximizing output. C) Its profit increases by the size of the vertical distance df. D) It incurs a loss.

Economics

Suppose the price level is 115.00 at the end of 2020, 112.02 at the end of 2021, and 109.08 at the end of 2022 . Can we accurately describe the period 2021-2022 as a period of disinflation?

Economics