Spending VCU4 on real-world goods and services causes the nation's:
a. Demand for real goods and services to remain the same and monetary base to remain the same.
b. Demand for real goods and services to remain the same and M2 money supply to fall.
c. Demand for real goods and services to rise and M2 money multiplier to remain the same.
d. Demand for real goods and services to rise and M2 money supply to rise.
.C
Economics
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According to this Application, the longer than usual harmattan has impacted the supply curve for cocoa pods, shifting the supply curve to the ________ due to a(n) ________ in cocoa yields
A) right; decrease B) left; decrease C) right; increase D) left; increase
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Fixed costs
A) are always sunk. B) are avoidable. C) are sometimes sunk. D) sunk in the short run, but not in the long run.
Economics