This topic contains a solution. Click here to go to the answer

Author Question: The Keynesian range of the aggregate supply curve applies when the economy is at or near full ... (Read 111 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
The Keynesian range of the aggregate supply curve applies when the economy is at or near full employment.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume the Fed decreases the money supply and the demand for money curve is fixed. In response, people will:
 a. sell bonds, thus driving up the interest rate.
  b. buy bonds, thus driving down the interest rate.
  c. buy bonds, thus driving up the interest rate.
  d. sell bonds, thus driving down the interest rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tdewitt

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

False

Answer to Question 2

a




tingc95

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Gracias!


emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

For a complete list of videos, visit our video library