The policy actions by the Fed that would cause the money supply to decrease is
an increase in the discount rate
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The legal reserve requirement that banks must adhere to is set by
a. Congress b. the FDIC c. the Treasury Department d. the banking system e. the Federal Reserve
How is a decrease in the natural rate of unemployment shown in the Phillips curve diagram? Does this decrease change the inflation rate?
In an increasing-cost industry, more supplies can be obtained by paying a higher price for them or by using ______.
a. more efficient resources b. lower-quality resources c. substitute resources d. higher-quality resources.
Falling output, in the short run, could be due to:
A. an increase in short-run aggregate supply. B. a reduction in aggregate demand. C. an increase in long-run aggregate supply. D. an increase in aggregate demand.