When the Fed ________ the money stock, the money supply curve shifts to the ________ and the interest rate ________, everything else held constant
A) decreases; right; rises
B) increases; right; falls
C) decreases; left; falls
D) increases; left; rises
B
Economics
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If the price of apples is on the vertical axis and the quantity of apples demanded is on the horizontal axis, the slope between two points on the line describing the relationship between price and quantity is
A) the change in price multiplied by the change in quantity. B) the change in price divided by the change in quantity. C) the change in quantity divided by the change in price. D) price divided by quantity.
Economics
The process of invention is the act of
A. introducing a new product into the market. B. applying a process in a new area of the market. C. discovering a new process or product. D. adopting an innovation to a profitable use.
Economics