Question
43) One reason for why rising economic growth has not led to faster inflation is that: (NO EXPLANATION REQUIRED) Businesses are more concerned with profits
43) One reason for why rising economic growth has not led to faster inflation is that:
(NO EXPLANATION REQUIRED)
Businesses are more concerned with profits than market share
More employees are restricted to working a 40 hour work week
Labor unions have become more powerful
Consumers expect inflation to remain low
44) Using the exchange equation, which of the following is true when the velocity of money increases?
(NO EXPLANATION REQUIRED)
faster growth in the money supply would lead to deflation in the U.S. economy
the price level would fall if the money supply is not increased
a given money supply would support a higher level of nominal GDP
an increase in the money supply would cause tax revenue to decline
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