A) 83.3 B) $42 C) 20 percent D) 120
D
Refer to Scenario 14-1. M1 in this simple economy equals
A) $1,000. B) $2,000. C) $3,000. D) $8,000.
What role do households play in the market for inputs? What role do firms play?
What will be an ideal response?
