Author Question: Which of the following would tend to increase AD? a. a commercial bank using excess reserves to ... (Read 109 times)

saraeharris · **on:** Jun 30, 2018

Which of the following would tend to increase AD?
a. a commercial bank using excess reserves to extend a loan to a customer
b. a commercial bank purchasing U.S. securities from the Fed as an investment
c. an increase in reserve requirements
d. an increase in the discount rate

Question 2

A narrowly conceived physical quality-of-life index attempts to measure:
a. the gross national income.
b. absolute poverty levels.
c. the level of social injustice.
d. the level of technological progress.
e. living standards.