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Author Question: Contractionary monetary policy will result in A) higher interest rates. B) increased rates of ... (Read 127 times)

Redwolflake15

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on: Jun 29, 2018
Contractionary monetary policy will result in
 
  A) higher interest rates. B) increased rates of inflation.
  C) a leftward shift in the long-run Phillips curve. D) an upward shift in the short-run Phillips curve.

Question 2

An increase in the discount rate ________ bank reserves and ________ the money supply if banks respond appropriately to the change in the rate.
 
  A) increases; decreases B) decreases; decreases
  C) decreases; increases D) increases; increases


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steff9894

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Redwolflake15

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Reply 2 on: Jun 29, 2018
:D TYSM

robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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