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Author Question: The SAS curve shifts if there is a change in the price level. Indicate whether the statement is ... (Read 146 times)

mynx

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on: Jun 29, 2018
The SAS curve shifts if there is a change in the price level.
 
  Indicate whether the statement is true or false

Question 2

In 2007, interest rates in Germany were 4.7 percent while the inflation rate was 1.7 percent. In 2008, interest rates increased to 5.3 percent and the inflation rate increased to 2.0. As a result, there is
 
  A) a leftward shift in Germany's demand for money curve.
  B) a downward movement along Germany's demand for money curve.
  C) a rightward shift in Germany's money supply curve.
  D) an upward movement along Germany's demand for money curve.


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fwbard

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


mynx

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

kusterl

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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