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Author Question: A leftward shift of the demand curve results in: a. increase in equilibrium price. b. increase in ... (Read 133 times)

AEWBW

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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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Answer to Question 1

c

Answer to Question 2

False




AEWBW

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


smrtceo

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  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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