Author Question: If the quantity of the variable on the y-axis increases by 10 when the quantity of the variable on ... (Read 100 times)

jparksx

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If the quantity of the variable on the y-axis increases by 10 when the quantity of the variable on the x-axis decreases by 2, then the slope of the curve equals
 
  A) 10.
  B) -10.
  C) 2.
  D) -5.
  E) None of the above answers is correct.

Question 2

If the Fed wished to decrease GDP, it could
 
  A) increase the reserve requirement or conduct an open market sale.
  B) increase the reserve requirement or conduct an open market purchase.
  C) decrease the reserve requirement or conduct an open market sale.
  D) decrease the reserve requirement or conduct an open market purchase.



lkanara2

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Answer to Question 1

D

Answer to Question 2

A



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