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Author Question: In 2008, the Bank of England increased the country's money supply and lowered its interest rate. ... (Read 106 times)

NClaborn

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on: Jun 29, 2018
In 2008, the Bank of England increased the country's money supply and lowered its interest rate. This policy was designed to
 
  A) encourage people to buy more goods and services.
  B) shift the aggregate demand curve rightward.
  C) cause a movement up along the aggregate demand curve.
  D) Both A and B are correct.

Question 2

The figure above shows the demand and supply of dollars in the foreign exchange market. At a price of 2.40 Brazilian reals per dollar
 
  A) there will be a shortage of dollars.
  B) 40 billion dollars will be demanded.
  C) 40 billion dollars will be supplied.
  D) there will be a surplus of dollars.


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jaymee143

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

D

Answer to Question 2

D


NClaborn

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Reply #2 on: Jun 29, 2018
Thank you


jaymee143

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Reply #3 on: Jun 29, 2018
No problemo


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