If each of us relied exclusively on the market to determine what to buy, we would probably end up with few, if any:

A vertical supply curve exhibits

A) a constant elasticity of supply. B) a perfectly inelastic supply curve. C) Both A and B are true. D) None of the above.

The demand for money is a relationship between: a. the price level and the amount of cyclical unemployment

b. the price level and the actual output produced in an economy. c. the interest rate and how much money people choose to hold. d. the interest rate and how much money people earn during a certain time period. e. the interest rate and the rate of inflation.