If the quantity of money starts to grow more rapidly than real GDP and velocity does not change, the result is
A) slower growth in the price level.
B) an increase in investment.
C) more rapid growth in potential GDP.
D) the inflation rate rises.
E) an eventual slowing in the growth rate of the quantity of money.
D
Economics
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Which of the following is not an important antitrust law?
A) the Sherman Act of 1890 B) the Clayton Act of 1914 C) the Consumer Protection Act of 1932 D) the Federal Trade Commission Act of 1914 E) None of the above are antitrust laws.
Economics
If the government could raise taxes on one good, which product should the government increase tax rates in order to raise tax revenue?
a. Cigarettes b. Alcohol c. Sodas d. None of the above
Economics