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Author Question: Consumer surplus equals the quantity supplied minus the quantity demanded. a. True b. False ... (Read 157 times)

Bob-Dole

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on: Jun 30, 2018
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)


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ultraflyy23

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


Bob-Dole

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Reply #2 on: Jun 30, 2018
Thank you


ultraflyy23

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Reply #3 on: Jun 30, 2018
No problemo


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