To shift the RS curve rightward as illustrated, the Fed has ...

[xroflmao]

To shift the RS curve rightward as illustrated, the Fed has ________ government securities in the open market. The Fed will undertake this type of policy if it is concerned about ________.
 
  A) sold; recession
  B) sold; inflation
  C) bought; recession
  D) bought; inflation
  E) None of the above answers is correct.

Question 2

The report that concluded that the world will run out of oil in about 40 years used which formula to calculate the number of years to depletion?
 
  A) (proven reserves + unknown reserves)  annual consumption = number of years to depletion
  B) total reserves  total consumption = number of years to depletion
  C) proven reserves  annual consumption = number of years to depletion
  D) proven reserves  unknown reserves = number of years to depletion

[T4T]

Answer to Question 1

C

Answer to Question 2

C

[xroflmao]

Wow, this really help

[kjohnson]

Thanks for the timely response, appreciate it