In Keynes's view, an excess quantity of money supplied causes people to:
a. sell bonds and the interest rate rises.
b. buy bonds and the interest rate falls.
c. buy bonds and the interest rate rises.
d. increase speculative balances.
Question 2
Ryan Black does not work and has not looked for work because of a disability. He is:
a. a member of the civilian labor force who is employed.
b. a member of the civilian labor force who is unemployed.
c. a member of the civilian labor force who is underemployed.
d. a discouraged worker who is not a member of the labor force.
e. not a member of the labor force.
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