The nominal price of industrial red paint was $12 per gallon in 1993. To convert this value to the real price of paint in 2012 dollars, we should use the:

Monetarists have argued that since velocity __________, this shows that shifts to the investment demand function must __________

A) is rather stable; cause the private economy to be unstable B) is rather stable; be offset by interest rate changes C) moves counter-cyclically; cause the private economy to be unstable D) moves counter-cyclically; be offset by interest rate changes

The referendum version of the median voter model allows voters to vote on a series of marginally increasing quantities of a good

a. True b. False