The supply of money curve is
A) vertical because the quantity of money is fixed at any one moment.
B) horizontal because interest rates are fixed at any one moment.
C) horizontal because the Fed controls the quantity of money supplied.
D) upward sloping, showing the influence of the interest rate.
E) downward sloping, showing the negative influence of the interest rate.
A
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If you double input, output more than doubles.
What will be an ideal response?
Recent legislation passed by the government increases the cost of health insurance and retirement benefits borne by all companies. Which of the following is a likely result? a. The supply of labor will decrease
b. The quantity of labor demanded will increase. c. The demand for labor curve will shift to the left. d. The marginal product of labor will increase.