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Author Question: When real GDP increases, the demand for money ________ and the demand for money curve ________. ... (Read 112 times)

vicotolentino

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on: Jun 29, 2018
When real GDP increases, the demand for money ________ and the demand for money curve ________.
 
  A) does not change; does not shift
  B) increases; shifts rightward
  C) increases; shifts leftward
  D) decreases; shifts leftward
  E) decreases; shifts rightward

Question 2

Based on the figure above, in which quarter or quarters did an expansion occur?
 
  A) in 2014, 2nd quarter
  B) in 2013, 2nd quarter
  C) between 2013, 2nd quarter to 2014, 2nd quarter
  D) between 2012, 2nd quarter to 2013, 2nd quarter and also between 2014, 2nd quarter to the end of the figure
  E) There are no expansions illustrated in the figure.


Eazy416

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

B

Answer to Question 2

D


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