From the Monetarist perspective, the aggregate supply curve is

A) vertical.
B) horizontal.
C) sensitive to changes in the money supply.
D) sensitive to changes in consumption.

A

Economics

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The Sherman Antitrust Act

a. outlawed restraints and monopolies that hindered trade. b. nationalized the railroads. c. established the FDA. d. applied only to banking.

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The price of salsa rises. How does the increase in the price of salsa affect the supply of salsa?

A) The supply of salsa increases. B) The supply of salsa decreases. C) There is no change to either the supply of salsa or the quantity of salsa supplied. D) There is no change to the supply of salsa, but the quantity of salsa supplied increases. E) There is no change to the supply of salsa, but the quantity of salsa supplied decreases.

Economics