This topic contains a solution. Click here to go to the answer

Author Question: Consumer surplus equals the quantity supplied minus the quantity demanded. a. True b. False ... (Read 99 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
Consumer surplus equals the quantity supplied minus the quantity demanded.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the money supply is held constant as both real and nominal GDP are rising.
 a. the velocity of money will rise.
  b. the velocity of money will fall.
  c. interest rates will rise.
 d. both (a) and (c)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

False

Answer to Question 2

d





 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library