Author Question: When the price level increases there is ________ movement along the aggregate demand curve because ... (Read 46 times)

krzymel · **on:** Jun 29, 2018

When the price level increases there is ________ movement along the aggregate demand curve because the buying power of money ________.

A) a downward; increases
B) an upward; increases
C) an upward; decreases
D) no; does not change
E) a downward; decreases

Question 2

Which of the following is a tool the Federal Reserve System can use to regulate the quantity of money?

i. changing the discount rate
ii. conducting open market operations
iii. changing the required reserve ratio
A) i only B) ii only C) i and ii D) ii and iii E) i, ii, and iii