Author Question: In the figure above, a decrease in the monetary base would create a change such as a A) movement ... (Read 80 times)

s.tung · **on:** Jun 29, 2018

In the figure above, a decrease in the monetary base would create a change such as a

A) movement from point a to point b along the supply of money curve MS0.
B) movement from point b to point a along the supply of money curve MS0.
C) shift from the supply of money curve MS0 to the supply of money curve MS1.
D) shift from the supply of money curve MS1 to the supply of money curve MS0.

Question 2

Economic growth comes from ________.

A) people willing to increase their skills in which case, economic growth is free
B) producing more goods than people want to consume
C) capital accumulation and the avoidance of opportunity cost
D) capital accumulation and technological advance