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Quizzes - PRINCIPLES MACROEC X how to print screen in windows 1 x + X C https://d21.depaul.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=859653&isprv=&drc=18qi=39... Midterm Exam X Time Limit: 1:15:00 Time Left:0:39:45

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Quizzes - PRINCIPLES MACROEC X how to print screen in windows 1 x + X C https://d21.depaul.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=859653&isprv=&drc=18qi=39... Midterm Exam X Time Limit: 1:15:00 Time Left:0:39:45 Cherrell Cobbins: Attempt 1 Page 1: Question 8 (1 point) N The Quantity theory of Money stresses what function of money? 6 Investment Expenditures (investment function) Store of value (savings function) 9 Unit of account (accounting function) 11 12 O Medium of exchange (transactions function) 14 15 Question 9 (1 point) Which of the following is a FALSE statement about the CPI 16 17 18 It tends to overstate the cost of living. 19 20 21 It measures the prices of wholesale goods. 22 23 24 It does not include the prices of all possible substitute goods and services. It includes the prices of a basket of goods thought to be purchased by the typical 25 26 21 consumer. 28 29 30 Question 10 (1 point) In the market for pizza, assume there are two simultaneous shocks: (1) wages for pizza employees rise and (2) consumer preferences for pizza increase. What will happen to equilibrium price and quantity of pizza? Type here to search O a 12:44 AM 29 F A [ () 2/12/2022

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