Which of the following would suggest that monetary policy is restrictive?
a. falling commodity prices
b. depreciation of the foreign exchange value of the dollar
c. a rising M1 money supply
d. an increase in the rate of inflation
A
Economics
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The biggest problem caused by a deflation is that
A) prices fall. B) wages fall. C) interest rates rise. D) people cannot repay their debts.
Economics
Suppose the marginal utilities for the first three cans of soda are 100, 80 and 60, respectively. The total utility received from consuming 2 cans is
A) 20. B) 80. C) 90. D) 180.
Economics