Which of the following policies is supported by the idea that producers and workers will demand higher prices and wages when they see the money supply expanding?

Refer to Scenario 18.1. When Curly made the loans to Larry and Shemp, the money supply

A) did not change. B) decreased by 300 coins. C) increased by 300 coins. D) increased by 500 coins.

Two firms make most of the consumer alkaline batteries in the country: Duracell and Energizer. The market for batteries is most likely

A) a monopoly. B) an oligopoly. C) perfectly competitive. D) monopolistically competitive.