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Author Question: The AE curve illustrates the relationship between A) real GDP and actual expenditure. B) the ... (Read 57 times)

K@

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The AE curve illustrates the relationship between
 
  A) real GDP and actual expenditure.
  B) the interest rate and aggregate planned expenditure.
  C) real GDP and the interest rate.
  D) aggregate planned expenditure and real GDP.
  E) the quantity of real GDP demanded and the price level.

Question 2

When the Fed increases the quantity of money, the
 
  A) demand for money curve shifts rightward.
  B) equilibrium nominal interest rate falls.
  C) equilibrium nominal interest rate rises.
  D) supply of money curve shifts leftward.
  E) demand for money curve shifts leftward.



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spencer.martell

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Answer to Question 1

D

Answer to Question 2

B





 

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