The Keynesian range of the aggregate supply curve applies when ...

[tingc95]

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.

[tdewitt]

Answer to Question 1

False

Answer to Question 2

a

[tingc95]

Gracias!

[cpetit11]

Excellent