Author Question: Other things equal, the level of real GDP will tend to increase in the short run: a. if reserve ... (Read 58 times)

future617RT · **on:** Jun 30, 2018

Other things equal, the level of real GDP will tend to increase in the short run:
a. if reserve requirements are decreased.
b. if the Fed decreases the interest rate it pays on bank reserves
c. if there is an open market purchase by the Fed.
d. all of the above

Question 2

Other things equal, a country's long-run aggregate supply will shift to the left when _____.
a. the aggregate expenditure on education rises
b. the productivity of labor rises
c. the quantity of natural resources rises
d. the mortality rate rises
e. the amount of investment rises