The value (purchasing power) of each unit of money
a. is largely independent of the money supply.
b. tends to increase as the money supply expands.
c. increases as prices rise.
d. tends to decline as the money supply expands in relation to the availability of goods and services.
D
Economics
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Money is each of the following except
A) a medium of exchange. B) a store of value. C) a means by which the central bank can always, and permanently, affect production. D) a unit of account.
Economics
Revenue from a(n) __________ goes to the U.S. government while revenue from a(n) __________ goes to whomever secures the right to sell foreign goods in the U.S. market
a. export subsidy, quota b. tariff, quota c. domestic content requirement, low-interest loan d. tariff, export subsidy e. quota, tariff
Economics