Unlike the Classical economists, Keynes believed that money could affect real economic activity through its effects on

A) the price level.
B) the interest rate.
C) savings.
D) velocity.

B

Economics

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A game show host who gave up his job as a teacher brags about his salary, saying "the rest is pure gravy." Here, "the rest" refers to

a. opportunity cost b. implicit cost c. explicit cost d. the height of his labor supply curve e. economic rent

Economics

As of 2008, which of the following countries had a female literacy rate of less than 50%?

a. India b. Greece c. Finland d. Ethiopia e. Namibia

Economics