During the colonial period, the English permitted both silver and ...

[geoffrey]

During the colonial period, the English permitted both silver and gold to move freely in and out of the colonies.
 
  Indicate whether the statement is true or false

Question 2

The Keynesian aggregate demand curve slopes downward because for any given money supply, an increase in the price level ______ real money holdings which _____ the interest rate and _____ income.
 
  a. increases; lowers; increases
  b. reduces; raises; reduces
  c. reduces; lowers; increases
  d. increases; raises; reduces

[kkenney]

Answer to Question 1

False

Answer to Question 2

B