If the Fed pursues expansionary monetary policy then A) the ...

[Coya19@aol.com]

If the Fed pursues expansionary monetary policy then
 
  A) the money supply will increase, interest rates will rise and GDP will rise.
  B) the money supply will decrease, interest rates will fall and GDP will fall.
  C) the money supply will decrease, interest rates will rise and GDP will fall.
  D) the money supply will increase, interest rates will fall and GDP will rise.

Question 2

Refer to Figure 4-1. If the market price is 3.50, what is the consumer surplus on the first ice cream cone?
 
  A) 0 B) 0.50 C) 3.50 D) 9.00

[aham8f]

Answer to Question 1

D

Answer to Question 2

A

[Coya19@aol.com]

Thanks for the timely response, appreciate it

[zacnyjessica]

TYSM