A rightward shift in the supply curve of reserves held at the Fed ________
A) reduces the federal funds interest rate B) increases unemployment
C) reduces the price level D) increases the tax rates
A
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If Y = $500 billion, autonomous consumption = $400 billion, and the marginal propensity to save = 0.20, then saving will equal
a. –$300 billion b. $300 billion c. $0 d. $80 billion e. –$80 billion
If real GDP increases,
A. The money demand curve shifts to the left B. The money demand curves just to the right C. There is movement down along a stationary money demand curve
Most countries use production methods designed to ______ their scarce resources.
a. exhaust b. conserve c. use more of d. rely completely on
If "minority" means less than 50%, then whites are a minority.
Answer the following statement true (T) or false (F)