Assuming that money is neutral, an increase in the nominal money supply would cause
A) an excess supply for goods.
B) an increase in the real money supply.
C) a fall in the price level.
D) a rise in nominal wages.
D
Economics
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The marginal propensity to consume is always
A) equal to zero. B) less than one. C) equal to one. D) greater than one.
Economics
With a rent ceiling set below the equilibrium rent, i. all renters are able to rent apartments at a lower rent. ii. there is a shortage of apartments. iii. the quantity of apartments supplied does not change because buildings cannot be moved
A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii
Economics