If the saving rate decreases, break-even investment will be ________ than investment, and the capital-labor ratio will ________
A) greater; increases
B) greater; decreases
C) less; increases
D) less; decreases
B
Economics
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The channels through which monetary policy affects economic activity are called the ________ of monetary policy
A) transmission mechanisms B) flow mechanisms C) distribution mechanisms D) allocational mechanisms
Economics
The short-run effect of an increase in the money supply is to
A) increase real GDP only. B) increase the price level only. C) increase both real GDP and the price level. D) increase nominal GDP but decrease the price level.
Economics