The demand curve is also the
A) total cost curve.
B) total benefit curve.
C) marginal cost curve.
D) marginal benefit curve.
E) marginal deadweight cost curve.
D
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The table below shows data for Brazil
2006 2007 Real GDP growth rate 3.8 5.4 Inflation rate 4.2 3.7 Assuming the rate of velocity change is constant A) the growth rate of money increased between 2006 and 2007. B) the money growth rate was -0.4 percent in 2006. C) the growth rate of nominal GDP was 1.7 percent in 2006. D) the demand for money curve shifted leftward in 2006.
If the economy is growing beyond potential real GDP, which of the following would be an appropriate fiscal policy to bring the economy back to long-run aggregate supply? An increase in
A) oil prices. B) taxes. C) government purchases. D) the money supply and a decrease in interest rates.