When a corporation uses profits to pay for the purchase of new capital equipment, this is known as

Agreement of members of a group on a decision is called

a. concensus b. group think c. meetings d. consideration

If the nominal money supply grows 10%, the inflation rate is 6%, and the income elasticity of money demand is 1.0, then real income growth equals

A) 1%. B) 2%. C) 3%. D) 4%.