An increase in the marginal propensity to hold money
a. results in an fall in the interest rate and a decline in income.
b. raises the interest rate and lowers income.
c. results in a fall in the interest rate and a rise in income.
d. raises both the interest rate and income.
B
Economics
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According to George Stigler, the monopolist is distinguished from other entrepreneurs because of his or her
a. motivation b. market position c. profit objective d. strategy e. morality
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Generally, an open economy can ____unavailable correct a country's stock of resources
Fill in the blank(s) with the appropriate word(s).
Economics