Author Question: Refer to the scenario above. Identify the correct statement. A) Mike should work in the ... (Read 40 times)

krzymel · **on:** Jun 30, 2018

Refer to the scenario above. Identify the correct statement.

A) Mike should work in the restaurant as well as in the bar.
B) John should work in the restaurant as well as in the bar.
C) John should specialize in waiting on the customers in the restaurant.
D) Mike should specialize in waiting on the customers in the restaurant.

Question 2

If the economy is operating below its full employment level, the Fed can

A) increase aggregate supply by raising the price level.
B) increase aggregate demand by selling bonds and raising interest rates.
C) increase aggregate demand by stimulating the demand for money.
D) increase aggregate demand by increasing the rate of growth of the money supply.