Author Question: Only a change in the price level can cause shifts in both the aggregate expenditure line and the ... (Read 21 times)

yoroshambo · **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