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Author Question: When actual output increases the potential output, _____. a. more resources become unemployed. b. ... (Read 49 times)

karen

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When actual output increases the potential output, _____.
 a. more resources become unemployed.
  b. prices remain constant.
 c. prices tend to increase.
 d. nominal GDP decreases.
 e. resource prices decrease.

Question 2

When the Fed purchases U.S. government securities through the open market, the money supply:
 a. increases, the interest rate falls, and the quantity of money demanded increases.
  b. falls, the interest rate falls, and the quantity of money demanded increases.
 c. increases, the interest rate increases, and the quantity of money demanded increases.
  d. falls, the interest rate increases, and the quantity of money demanded falls.
 e. falls, the interest rate falls, and the quantity of money demanded falls.



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Mollythedog

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Answer to Question 1

c

Answer to Question 2

a




karen

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


miss_1456@hotmail.com

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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