An increase in the supply of money, other things being equal, ...

[Coya19@aol.com]

An increase in the supply of money, other things being equal, will raise the equilibrium interest rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Recovery is the phase of the business cycle during which real GDP reaches its maximum.
 a. True
  b. False
  Indicate whether the statement is true or false

[blfontai]

Answer to Question 1

False

Answer to Question 2

False

[Coya19@aol.com]

Thanks for the timely response, appreciate it

[covalentbond]

Excellent