An decrease in the velocity of money for given levels of income and the interest rate would shift the

a. LM curve up.
b. IS curve up.
b. IS curve down.
c. LM curve down.

A

Economics

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When white males resist to share responsibilities with members of a minority group, it is termed as:

a. employer prejudice. b. consumer prejudice c. worker prejudice. d. statistical discrimination. e. occupational segregation.

Economics

Suppose a new study highlights the health benefits of eating bacon. At the same time, suppose the cost of producing bacon falls. Given these changes, you should expect to see:

A. an increase in both the equilibrium price and quantity of bacon. B. an increase in the equilibrium price of bacon, but it's hard to say what will happen to the equilibrium quantity. C. an increase in the equilibrium quantity of bacon, but it's hard to say what will happen to the equilibrium price. D. a decrease in the equilibrium price of bacon, but it's hard to say what will happen to the equilibrium quantity.

Economics