All the production points that lie above the total product curve are inefficient

An increase in money supply causes the real interest rate to ________ and the price level to ________ in general equilibrium

A) rise; rise B) remain unchanged; fall C) remain unchanged; rise D) fall; fall

Economic models using computer simulations can provide an estimate of the

A) recognition lag. B) decision lag. C) bureaucratic lag. D) impact lag.