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Author Question: Which of the following is an effect of an increase in the price level in an economy? a. The real ... (Read 32 times)

dollx

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on: Jun 30, 2018
Which of the following is an effect of an increase in the price level in an economy?
 a. The real value of dollar-denominated assets will increase.
 b. The aggregate expenditure line will shift upward.
 c. The equilibrium real gross domestic product will decrease.
 d. There will be downward movement along a particular aggregate demand curve.
  e. The aggregate demand curve will shift rightward.

Question 2

Most of the Fed's liabilities are in the form of:
 a. Federal Reserve notes.
  b. checkable deposits.
 c. U.S. Treasury deposits.
  d. loans to member banks.
  e. certificates of deposit.


mfedorka

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

c

Answer to Question 2

a


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dollx

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Reply #2 on: Jun 30, 2018
Correct answers!


mfedorka

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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