The median voter theorem is more likely to hold true in elections with a large number of candidates

The MP curve may be used to represent how ________

A) movements of the inflation rate are determined by the real interest rate B) monetary policy responds to changes in the real interest rate C) movements of the real interest rate are related to the inflation rate D) all of the above E) none of the above

The Book Nook reduces prices by 20%. If the dollar value of The Book Nook's sales remain constant, it indicates that: a. the quantity of books sold remains constant. b. the demand curve is horizontal

c. the demand curve is vertical. d. the quantity of books sold increases by 20%.