Author Question: A change in the money wage rate shifts A) both the SAS and LAS curves. B) the LAS curve but not ... (Read 122 times)

Diane · **on:** Jun 29, 2018

A change in the money wage rate shifts

A) both the SAS and LAS curves.
B) the LAS curve but not the SAS curve.
C) the SAS curve but not the LAS curve.
D) neither the SAS nor the LAS curve.

Question 2

Which of the following allow banks to minimize the cost to a business of borrowing?

I. Borrowing long and lending short
II. Raising funds from a large number of depositors
III. Creating money by lending all their reserves
A) I only
B) II only
C) I and III
D) II and III