If the money supply increases at the same time that taxes increase, then:

a. interest rates will definitely increase.
b. interest rates will definitely decrease.
c. income will definitely increase.
d. income will definitely decrease.

B

Economics

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Net exports equals

A) exports of goods and services minus imports of goods and services. B) imports of goods and services minus exports of goods and services. C) the government sector balance plus the private sector balance. D) Both answers A and C are correct.

Economics

Suppose that a price-discriminating monopolist divides its market into two segments. If the firm sells its product for a price of $42 in the market segment where demand is relatively less elastic, the price in the market segment whose customers' demand is more elastic will be

a. $42 b. greater than $42 c. less than $42 d. less than marginal revenue in that market segment e. equal to marginal revenue in that market segment

Economics