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Author Question: The aggregate demand curve shows that, if other factors are held constant, a A) higher price ... (Read 84 times)

codyclark

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The aggregate demand curve shows that, if other factors are held constant, a
 
  A) higher price level results in a decrease in the quantity of real GDP demanded.
  B) higher price level results in an increase in the quantity of real GDP demanded.
  C) higher price level results in a lower interest rate.
  D) lower price level results in a higher interest rate.

Question 2

The Board of Governors of the Federal Reserve System does NOT
 
  A) consist of seven members with fourteen-year terms.
  B) include the presidents of the twelve Federal Reserve Banks.
  C) utilize a system of rotations so that a position comes open every two years.
  D) consist of members whose appointments have been approved by the Senate.



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dpost18

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Answer to Question 1

A

Answer to Question 2

B




codyclark

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


ryansturges

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

 

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