At a given point in time, if the demand for money increases _____
Fill in the blank(s) with the appropriate word(s).
there will be a rightward shift of the money demand curve.
Economics
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Current macroeconomic models use microeconomic principles because
A) they use the same language for all economists. B) they highlight the sociological aspects of production. C) the behavior of economic agents changes with policy. D) we live in a democratic society and everybody has a say.
Economics
Suppose Johnny Stroller sells 12, 25, and 75 year-old scotch in under black, red, and blue labels. Suppose the storage costs are zero and the initial production costs are the same. What is the implied (approximate) interest rate if black sells for $18, red for $34 and blue for $388
a. 2 b. 5 c. 8 d. 10
Economics