An increase in the nominal money supply would shift the:
A) aggregate demand curve rightward.
B) aggregate demand curve leftward.
C) aggregate supply curve rightward.
D) aggregate supply curve leftward.
A
You might also like to view...
Show graphically the effect of technological advance on the price of music downloads. In a separate graph, show what happens to the price of CDs as a secondary effect of the new download technology.
What will be an ideal response?
Sometimes banks tend to invest in risky stocks because the deposits of their customers are insured by the Federal Deposit Insurance Committee. This behavior is an example of ________
A) adverse selection B) moral hazard C) the paradox of thrift D) the free-rider problem
In terms of location decisions, firms evaluate the extent to which the labor force is unionized
Indicate whether the statement is true or false
A reserve requirement of 20 percent means a bank must have $1,000 of reserves if its checkable deposits are:
A. $100. B. $1,000. C. $5,000. D. $12,000.