From 2007 to 2008, the Federal Reserve System reduced interest rates, the price that borrowers pay. As a result, economists expected that the supply of money would
a. increase.
b. decrease.
c. not change.
d. Uncertain-economic theory has no answer to this question.
c
Economics
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Commodity money has intrinsic value
Indicate whether the statement is true or false
Economics
What is the difference between explicit costs and implicit costs? List three examples each of explicit costs and implicit costs that may be experienced by a small business
What will be an ideal response?
Economics
If the change in business inventories is zero, then final sales are
A. equal to GDP. B. greater than GDP. C. zero. D. less than GDP.
Economics
A negative demand shock could cause an increase in U.S. exports.
Answer the following statement true (T) or false (F)
Economics