Author Question: If the prices of productive substitute goods decreased and productive technology improved at the ... (Read 124 times)

arivle123 · **on:** Jun 30, 2018

If the prices of productive substitute goods decreased and productive technology improved at the same time, as a result:
a. prices would rise and there would be and an indeterminate effect on quantities exchanged.
b. prices would fall and there would be and an indeterminate effect on quantities exchanged.
c. prices would rise and larger quantities would be exchanged.
d. prices would fall and larger quantities would be exchanged.

Question 2

Changing reserve requirements is the most important method the Federal Reserve uses to change the supply of money.
a. True
b. False
Indicate whether the statement is true or false