Both indentured servants and slaves had rights in courts of law

If an economy's consumption spending is $5 trillion, investment is $2 trillion, government spending is $1 trillion, net taxes are $1 trillion and household saving is $2 trillion, total income is

a. $3 trillion b. $5 trillion c. $7 trillion d. $8 trillion e. $11 trillion

Monetarists believe that an increase in the money supply will lead to

a. a decrease in investment b. an increase in the interest rate c. a decrease in the price level d. an increase in nominal GDP e. an increase in real GDP