If real money demand increases 5% and real money supply increases 10%, by about how much does the price level change?
A) Falls by 5%
B) Unchanged
C) Rises by 2%
D) Rises by 5%
D
Economics
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Increased labor demand will result in
A) lower wages. B) more employment benefits. C) higher wages. D) no change in wages.
Economics
Assume that a country has a domestic demand curve defined as Qd = 100 - 2P and a domestic supply curve defined as Qs = -20 + 3P. What is the country's import demand curve (Qm)?
What will be an ideal response?
Economics