Author Question: The aggregate demand curve of an economy: a. is downward sloping. b. first declines and then ... (Read 62 times)

tichca · **on:** Jun 30, 2018

The aggregate demand curve of an economy:
a. is downward sloping.
b. first declines and then becomes positively sloped.
c. is horizontal.
d. is vertical.
e. first rises and then becomes negatively sloped.

Question 2

Which of the following measures did the Fed take during the uncertain days following the terrorist attacks of September 11, 2001?
a. The Fed tightened regulations in the financial markets.
b. The Fed increased the discount rate.
c. The Fed bought all the government securities up for sale.
d. The Fed increased the reserve requirement ratio.
e. The Fed demanded interest on the bank reserves held at the Fed.