Author Question: If the price level rises, the quantity of A) nominal money people demand increases. B) real ... (Read 87 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
If the price level rises, the quantity of
 
  A) nominal money people demand increases.
  B) real money people demand increases.
  C) nominal money people demand decreases.
  D) real money people demand decreases.

Question 2

The gains from free trade are enjoyed by a ________ number of people and the costs of free trade are imposed by ________ number of people.
 
  A) small; large
  B) large; small
  C) small; small
  D) large; large



kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library