An increase in the money supply in the short run changes ___ , whereas in the long run, ___ change.
a. exchange rates; nominal interest rates
b. price levels; interest rates
c. interest rates; interest rates
d. interest rates; inflation rates
Ans: d. interest rates; inflation rates
Economics
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The largest merger in American history was that of
a. Chemical Banking and Chase Manhattan in 1996. b. America Online and Time Warner in 2000. c. Gillette's acquisition of Duracell in 1985. d. Credit Suisse's acquisition of Northern Rock in 2007.
Economics
The portion of income that is not immediately spent on consumption of goods and services is:
A. savings. B. consumption spending. C. investment. D. loanable funds.
Economics