If velocity and the money supply are __________________, then when one component of spending rises another component of spending ________________
A) constant; must fall
B) constant; must rise
C) rising; may not necessarily fall
D) rising; must rise
C
Economics
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Why is health considered a consumption good and a form of human capital?
What will be an ideal response?
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Which of the following is not a function of prices in a market system?
a. Prices have the crucial job of balancing supply and demand. b. Prices send signals to buyers and sellers to help them make rational economic decisions. c. Prices coordinate economic activity. d. Prices ensure an equitable distribution of goods and services among consumers.
Economics