If Techland's government reduces tax rates, ________.
A) the economy's labor demand curve will shift to the left
B) the economy's labor supply curve will shift to the left
C) the economy's aggregate supply curve will shift to the left
D) the economy's labor demand curve will shift to the right
Question 2
To increase the money supply using the reserve requirements, what would the Fed typically do?
A) let each bank get more currency from the Treasury
B) make each bank set its own reserve levels
C) reduce the reserve requirement for banks
D) increase the reserve requirement for banks