When an interest in the people's problems affects the outcome, not the changes themselves, it is known as

Refer to Figure 5.1. All else equal, an increase in total factor productivity will cause a

A) shift from PF1 to PF2. B) shift from PF2 to PF1. C) movement up and to the right along PF1. D) movement down and to the left along PF2.

The equation of exchange is

A) an assumption that is not always true. B) true in the short run but not always in the long run. C) an accounting identity and therefore is always true. D) a theory developed at the Federal Reserve.