Refer to Figure 26-2. In the figure above, the movement from point A to point B in the money market would be caused by
A) a decrease in the required reserve ratio by the Federal Reserve.
B) a decrease in real GDP.
C) an increase in the price level.
D) an open market sale of Treasury securities by the Federal Reserve.
Question 2
If national laws protecting the health and safety of workers completely eliminate any and all risk, then
A) more people would be employed.
B) workers in risky occupations become better off.
C) compensating differentials would grow because workers could not be compensated by being given lower risk jobs.
D) compensating wage differentials disappear and workers in risky occupations may be no better off.