Author Question: Along the short-run supply curve (SRAS), a decrease in the aggregate demand curve will decrease: a. ... (Read 87 times)

Marty · **on:** Jun 30, 2018

Along the short-run supply curve (SRAS), a decrease in the aggregate demand curve will decrease:
a. both the price level and real GDP.
b. real GDP without raising the price level.
c. the price level without affecting real GDP.
d. the price level but reduce real GDP.

Question 2

If the required reserve ratio is a uniform 25 percent on all deposits, the money multiplier will be:
a. 4.00.
b. 2.50.
c. 0.40.
d. 0.25.