Who formulated the theory that government borrowing may function like an increase in taxes in the sense of reducing current consumption and business expenditures?

A. David Ricardo
B. John Maynard Keynes
C. Jean Baptiste Say
D. Adam Smith

Answer: A

Economics

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An increase in the money supply will appreciate a country's currency

Indicate whether the statement is true or false

Economics

If we use the numbers in the above table to draw a graph, with the price on the vertical axis and the quantity on the horizontal axis, the line relating price and quantity has a slope of

A) 0.8. B) -8.0. C) -1.25. D) 8.0.

Economics