An increase in the money supply, other things being constant
A) causes interest rates to rise.
B) generates an increase in the demand for money.
C) causes the price level to increase.
D) causes the purchasing power of money to increase.
C
Economics
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Demand-pull inflation is due to:
a. minimum wage laws. b. labor cost increases. c. excess total spending. d. tax increase.
Economics
Sketch graph a standard short-run production functions, and identify on it the points where the average product peaks, the marginal product peaks, the marginal product reaches zero, and the average and marginal product intersect.
What will be an ideal response?
Economics