If both nominal and real GDP are increasing when the money supply is constant, than we can conclude that
A) velocity has increased. B) interest rate has fallen.
C) velocity has decreased. D) interest rate has increased.
Question 2
Which of the following is NOT a consumption good?
A) a U.S. government bond
B) a UPS truck
C) Nike swimming trunks
D) a Subway sandwich
E) marriage counseling services