Buyers' expenditures and sellers' revenues are always identical

If the price level doubles, it will

A) increase potential GDP. B) increase the quantity of money. C) decrease the buying power of money. D) decrease potential GDP. E) have no effect on the buying power of money.

Entrepreneurs can delegate every one of the following tasks to labor except:

a. hiring and training new employees. b. assuming business risk and uncertainty. c. supervision of the production process. d. researching ideas for new products. e. marketing the goods and services produced.