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Author Question: If potential GDP increases, then in the figure above the potential GDP line ________, and the ... (Read 38 times)

lunatika

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on: Jun 29, 2018
If potential GDP increases, then in the figure above the potential GDP line ________, and the aggregate supply curve ________.
 
  A) does not shift; does not shift
  B) shifts rightward; does not shift
  C) does not shift; shifts rightward
  D) shifts rightward; shifts rightward
  E) shifts rightward; shifts leftward

Question 2

If the monetary base does not change and the desired reserve ratio increases, the money multiplier ________ and the quantity of money ________.
 
  A) increases; decreases
  B) decreases; decreases
  C) increases; increases
  D) decreases; does not change
  E) decreases; increases


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apple

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

D

Answer to Question 2

B


lunatika

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  • Posts: 548
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

irishcancer18

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

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