The age-earnings profile predicts that earnings will peak at

According to the interest-rate-based monetary policy transmission mechanism, an increase in the money supply generates

A) increased spending on consumer goods and services directly, which causes an increase in aggregate demand. B) an increase in aggregate supply since the supply of money is part of aggregate supply. C) lower interest rates, which causes an increase in planned real investment spending and an increase in aggregate demand. D) an increase in nominal GDP and a change in the price level, but no change in real GDP.

Which of the following is not a negative externality?

a. smog b. noise pollution c. substandard housing d. majority voting