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Author Question: Which of the following would cause an increase (rightward shift) in the short-run aggregate supply ... (Read 32 times)

tiara099

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on: Jun 30, 2018
Which of the following would cause an increase (rightward shift) in the short-run aggregate supply curve (SRAS)?
 a. An increase in the long-run aggregate supply curve (LRAS).
  b. A decrease in the CPI.
 c. An increase in the CPI.
 d. A decrease in oil prices.

Question 2

Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. If it accepts a 1,000 deposit, then Odyssey National can increase the money supply by:
 a. 900.
  b. 910.
  c. 1,000.
  d. 9,000.
  e. 10,000.


Laurenleakan

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

d

Answer to Question 2

a


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