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Author Question: During the colonial period, the English permitted both silver and gold to move freely in and out of ... (Read 79 times)

geoffrey

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on: Jun 30, 2018
During the colonial period, the English permitted both silver and gold to move freely in and out of the colonies.
 
  Indicate whether the statement is true or false

Question 2

The Keynesian aggregate demand curve slopes downward because for any given money supply, an increase in the price level ______ real money holdings which _____ the interest rate and _____ income.
 
  a. increases; lowers; increases
  b. reduces; raises; reduces
  c. reduces; lowers; increases
  d. increases; raises; reduces


kkenney

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

B


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