The function of money as a store of value diminishes if A. people begin to barter....
The function of money as a store of value diminishes if
A. people begin to barter. B. money is no longer backed by gold. C. interest rates increase. D. prices of goods and services increase.
Which of the following will NOT cause a rightward shift in the supply curve?
A.a reduction in resource costs
B.a reduction in the expected future price
C.an improvement in technology
D.none of the above
Homework Answers
a) "D"
if the prices of the goods and services increase then the value of the money as store of value decrease.
b) "D"
All of the given options will shift the supply curve to the right.
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The function of money as a store of value diminishes if
A. people begin to barter....
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question 44
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The direct effect of an increase in the money supply is that O people will save the money, causing an increase in bank deposits with the result that interest rates will increase. O people will spend the extra money, causing the aggregate demand curve to shift to the right and resulting in a boost to economic activity. O people will spend the extra money, causing the aggregate demand curve to shift to the...
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