Author Question: When changes in the supply of money are implemented, it makes interest rates change in the _____ ... (Read 46 times)

Deast7027 · **on:** Jun 30, 2018

When changes in the supply of money are implemented, it makes interest rates change in the _____ direction as the shift in the money supply curve and makes aggregate demand change in the _____ direction as the shift in the money supply curve.
a. Same; same.
b. Same; opposite.
c. opposite; same.
d. Opposite; opposite.

Question 2

Which of the following statements about technology is true?
a. It is a sufficient but not necessary condition for economic growth.
b. Management techniques are irrelevant to technological growth.
c. Industrial countries follow the lead of developing countries in implementing new technology.
d. Technological change is inversely related to a nation's ability to save.
e. Low levels of education can impede technological progress.