Author Question: Which point in the figure above is an attainable combination that would have unemployed resources? ... (Read 65 times)

jjjetplane

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Which point in the figure above is an attainable combination that would have unemployed resources?
 
  A) point A
  B) point B
  C) point C
  D) point D
  E) point A and point B

Question 2

Other things the same, if the Fed increases the quantity of money, the ________ because ________.
 
  A) nominal interest rate decreases; the supply of money curve shifts rightward
  B) nominal interest rate increases; the supply of money curve shifts rightward
  C) nominal interest rate does not change; only the real interest rate is effected
  D) nominal interest rate decreases; the supply of money curve shifts leftward
  E) nominal interest rate increases; the supply of money curve shifts leftward



ultraflyy23

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Answer to Question 1

C

Answer to Question 2

A



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