The number of times per year each dollar is used to transact an exchange is the:

Refer to Table 4-3. The table above lists the marginal cost of polo shirts by Marko's, a firm that specializes in producing men's clothing. If the market price of Marko's polo shirts is $13, Marko's will produce

A) 1 shirt. B) 2 shirts. C) 3 shirts. D) 4 shirts.

In the fooling model, AD/SAS equilibria to the right of LAS are unstable because ________ nominal wages shift ________

A) falling, AD downward B) falling, SAS downward C) rising, AD upward D) rising, SAS upward