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Author Question: The slope of the aggregate supply curve shows that the ________ the price level, the ________. A) ... (Read 56 times)

vinney12

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The slope of the aggregate supply curve shows that the ________ the price level, the ________.
 
  A) lower; is the quantity of potential GDP supplied
  B) lower; greater is the quantity of real GDP supplied
  C) higher; is the quantity of potential GDP supplied
  D) higher; greater is the quantity of real GDP supplied
  E) higher; smaller is the quantity of real GDP supplied

Question 2

When the Fed makes higher interest payments on bank reserves, banks will hold ________ reserves which will ________ the money supply.
 
  A) less; increase B) less; decrease C) more; increase D) more; decrease



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TINA

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Answer to Question 1

D

Answer to Question 2

D




vinney12

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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