Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary base to remain the same.
b. M2 money supply to fall.
c. M2 money multiplierto fall.
d. M2 money supply to rise.
.A
Economics
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Which of the following will NOT affect the supply of cars?
A) an increase in the price of steel B) an improvement in automobile production technology C) an increase in the productivity of auto workers D) a decrease in the price of cars
Economics
The observed unemployment rate is less than the natural rate of unemployment if:
a. the inflation rate is lower than expected. b. the reservation wage is adjusted to account for higher inflation. c. real wage increases with increase in prices. d. reservation wages go up with the rate of inflation. e. the inflation rate is higher than expected.
Economics