Author Question: People continue to value money because they have confidence in its convertibility into goods and ... (Read 51 times)

fahad · **on:** Jun 30, 2018

People continue to value money because they have confidence in its convertibility into goods and services.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The aggregate demand curve will shift outward and to the right when the Federal Reserve undertakes which of the following monetary policies?
a. Open market purchases of government securities
b. An increase in the discount rate
c. An increase in the reserve requirement
d. A reduction in loans to the U.S. Treasury
e. A more lenient supervision of savings and loan institutions