Based on the information in the above table, the value of M1 is

Which of the following will NOT affect the position of the market supply curve for a good?

A) The government grants a subsidy to the producers for each unit of a good that they produce. B) The price of the good increases. C) The number of sellers in the market increases. D) There is an increase in the prices of the inputs used in production.

Central planners

A) know more than the market. B) know less than the market knows. C) process information more efficiently than the market. D) can predetermine equilibrium prices.