Accounting that relates how growth in inputs of production are related to growth in output is called:

Which of the following statements are TRUE regarding the demand for labor?

I. The quantity of labor demanded depends on the real wage rate. II. If the money wage rate increases and the price level remains the same, the quantity of labor demanded decreases. A) I only B) II only C) I and II D) neither I nor II

Using the Cambridge equation, by how much does the demand for money rise at a constant real GDP of $2,000 billion when the price level rises by 10 percent from 1.00, given k = 0.25?

A) $200 billion B) $20 billion C) $550 billion D) $50 billion