Refer to the figure below. If the price of soda is $1.25 per can, then the quantity of soda demanded in the market each week is: 

An increase in supply of a product results when

A) the companies that produce the product have higher materials costs. B) the government reduces subsidies on the product. C) taxes on the product are increased. D) technological innovations are introduced in the manufacturing process.

Another way to describe the growth rate of spending is:

A. the growth rate of real GDP. B. the growth rate of nominal GDP. C. the growth rate of the velocity of money. D. the growth rate of the money supply.