A decrease in the supply of money will, according to the quantity theory of money, lead to
A) a higher price level.
B) a higher nominal Gross Domestic Product (GDP).
C) a lower real Gross Domestic Product (GDP).
D) a lower price level.
D
Economics
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Alternative approaches for reducing carbon dioxide emissions are
A) carbon taxes and carbon trading. B) carbon trading and carbon subsidies. C) carbon taxes and carbon scrubbing. D) burning low carbon coal and deforestation.
Economics
If a nation moves upward along its per-worker production function relating output per worker to capital per worker, then: a. labor productivity rises
b. labor productivity falls. c. the amount of capital decreases, other things constant. d. labor input decreases. e. the productivity of capital rises.
Economics