Author Question: If the central bank targets the money stock, then a negative shock to money demand will a. shift ... (Read 72 times)

lilldybug07 · **on:** Jun 30, 2018

If the central bank targets the money stock, then a negative shock to money demand will

a. shift the LM schedule to the right and income will rise above the target level.
b. shift the LM schedule up and income will fall below the target level.
c. not shift the LM schedule and, therefore, will not displace income from the target level.
d. None of the above

Question 2

From Elizabeth I to George III, England strongly influenced the institutional structure of colonial America. This influence is realized today on which of the following fronts?

(a) Private property rights
(b) The role of international trade and finance in the U.S. economy
(c) Population growth through immigration
(d) All of the above