As credit card usage expands in usage, the likely effect will be to
A) increase the velocity of M1.
B) reduce the velocity of M1.
C) increase money demand.
D) increase the money supply.
A
Economics
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The marginal product of labor is
A) total product divided by labor. B) the change in total product divided by the increase in labor. C) a measure of labor. D) output that does not meet quality specifications. E) total product minus the quantity of labor.
Economics
The demand for euros would come from
a. American exports to Europe. b. European demand for U.S. government bonds. c. American demand for European real estate. d. All of the above are correct.
Economics