Author Question: What relationship is shown by a supply curve? What will be an ideal ... (Read 59 times)

Bob-Dole · **on:** Jun 29, 2018

What relationship is shown by a supply curve?

What will be an ideal response?

Question 2

For the federal deficit to be lowered,

A) the federal government must decrease its spending and increase net exports.
B) the federal government's expenditures must be lower than its tax revenue.
C) the Federal Reserve must reduce the money supply.
D) the Federal Reserve must raise interest rates and lower the required reserve ratio.

olivia_paige29 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

A supply curve shows the relationship between price and quantity supplied. Because price and quantity supplied are directly related, the supply curve is upward sloping.

Answer to Question 2

B