If the output is too high, to achieve the medium run equilibrium, the central bank will
A) increases policy rate.
B) reduces policy rate.
C) increase money supply.
D) increases inflation rate.
A
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Restructuring in Texas went more smoothly than restructuring in California
Indicate whether the statement is true or false
An increase in the education level inside a nation would cause the:
A. long-run aggregate supply curve to shift to the right. B. long-run aggregate supply curve to shift to the left. C. short-run aggregate supply curve to shift to the left. D. aggregate demand curve to shift to the right.
The bulk of transfer payment spending in the United States is undertaken by
A) non-profit organizations in the private sector. B) state governments. C) local governments. D) the federal government.
For an economy at full employment, an increase in the quantity of money will lead to what sequence of shifts in aggregate demand and supply curves?
What will be an ideal response?