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Author Question: The aggregate demand curve of an economy: a. is downward sloping. b. first declines and then ... (Read 54 times)

tichca

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on: Jun 30, 2018
The aggregate demand curve of an economy:
 a. is downward sloping.
 b. first declines and then becomes positively sloped.
  c. is horizontal.
 d. is vertical.
 e. first rises and then becomes negatively sloped.

Question 2

Which of the following measures did the Fed take during the uncertain days following the terrorist attacks of September 11, 2001?
 a. The Fed tightened regulations in the financial markets.
 b. The Fed increased the discount rate.
 c. The Fed bought all the government securities up for sale.
 d. The Fed increased the reserve requirement ratio.
 e. The Fed demanded interest on the bank reserves held at the Fed.


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Swizqar

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

a

Answer to Question 2

c


tichca

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Perkypinki

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

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