Monetary policy has no effect on the equilibrium interest rate if
A) the inflation rate is zero.
B) the economy is in the liquidity trap.
C) velocity is constant.
D) the economy is at full employment.
B
Economics
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A partnership is limited to how many owners?
A) 2 B) 5 C) less than 10 D) There is no limit to the number of owners.
Economics
If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if the price of cappuccinos rises?
a. Both the equilibrium price and quantity would increase. b. Both the equilibrium price and quantity would decrease. c. The equilibrium price would increase, and the equilibrium quantity would decrease. d. The equilibrium price would decrease, and the equilibrium quantity would increase.
Economics