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Author Question: Only a change in the price level can cause shifts in both the aggregate expenditure line and the ... (Read 7 times)

yoroshambo

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on: Jun 30, 2018
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


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ebenov

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


yoroshambo

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

amandanbreshears

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  • Posts: 320
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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