From 1970 to 2010, as a fraction of GDP, the quantity of money that people and businesses have held has been

A) independent of people's use of credit cards.
B) increasing.
C) decreasing.
D) fluctuating erratically.
E) changing only as the interest rate changed.

C

Economics

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Refer to Figure 11.5. A decrease in the marginal propensity to import is best illustrated by diagram

A) A. B) B. C) C. D) D.

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Why is it inefficient for an economy to be inside the production possibilities frontier?

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