Only a change in the price level can cause shifts in both the ...

[yoroshambo]

Only a change in the price level can cause shifts in both the aggregate expenditure line and the aggregate demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Decreasing the required reserve ratio is an expansionary policy because it increases the amount of excess reserves in the banking system.
 a. True
  b. False
  Indicate whether the statement is true or false

[ebenov]

Answer to Question 1

False

Answer to Question 2

True

[yoroshambo]

TYSM

[daiying98]

Thanks for the timely response, appreciate it