Which of the following is an important factor affecting economic growth?
A) the rate of saving
B) exchange rates
C) the rate of interest
D) the level of prices
A
Economics
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Modern monetarists view any increases or decreases in total output stemming from expansions or contractions in the money supply as
A) permanent. B) temporary. C) irrelevant. D) extremely important.
Economics
The profit maximizing condition for a firm selling its output in a competitive market and buying its resources in a competitive market is
A) P = MC only. B) MRP = wage only. C) Both A and B. D) Neither A nor B.
Economics