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Author Question: A change in the money wage rate shifts A) both the SAS and LAS curves. B) the LAS curve but not ... (Read 114 times)

Diane

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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


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Joc

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Diane

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Reply 2 on: Jun 29, 2018
Excellent

epscape

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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