The purchase of a virtual item from an online company with a virtual currency causes the nation's:
a. Monetary base to fall.
b. M2 money supply to fall.
c. M2 money multiplier to remain the same.
d. M2 money supply to rise.
.C
Economics
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Tradable allowances are like taxes in that they both:
A. impose a quota on output. B. maximize surplus. C. are not efficient. D. None of these statements is true.
Economics
Which panel of Figure 3.3 represents the changes in the market for student housing when university enrollment increases and at the same time the university destroys several older residence halls and apartment buildings?
A. A. B. B. C. C. D. D.
Economics