An increase in the money supply and a decrease in real GDP at the same time is consistent with the equation of exchange if:
a. velocity rises rapidly enough
b. velocity falls rapidly enough.
c. the nominal GDP rises rapidly enough.
d. the price level falls rapidly enough.
b
Economics
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If Mr. McConaughey has 7 hours to spend with friends and family and breaking a sweat, he will maximize his utility if he spends
A) 2 hours with family and friends and 5 hours breaking a sweat. B) 5 hours with family and friends and 5 hours breaking a sweat. C) 4 hours with family and friends and 3 hours breaking a sweat. D) 3 hours with family and friends and 4 hours breaking a sweat.
Economics
Mutual funds are a good and relatively inexpensive way for individual investors to diversify
Indicate whether the statement is true or false
Economics