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Author Question: A leftward shift of the demand curve results in: a. increase in equilibrium price. b. increase in ... (Read 59 times)

AEWBW

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on: Jun 30, 2018
A leftward shift of the demand curve results in:
 a. increase in equilibrium price.
 b. increase in quantity.
 c. decrease in both equilibrium price and quantity.
 d. decrease in quantity and an indeterminate equilibrium price.

Question 2

A reserve requirement of 10 implies a money multiplier of 10 and a reserve requirement of 15 implies a money multiplier of 15.
 a. True
  b. False
  Indicate whether the statement is true or false


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Juro

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


AEWBW

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  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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