Demand-pull inflation is associated with a(n):
A. increase in aggregate supply.
B. increase in aggregate demand.
C. decrease in aggregate supply.
D. decrease in aggregate demand.
Answer: B
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Open market purchase of government securities results in:
A) an increase in bank reserves. B) a decrease in bank reserves. C) an increase in interest rates. D) none of the above.
What type of economic research do analysts at investment banks conduct?
What will be an ideal response?
When the United States sends money to Japan to help earthquake survivors, in which account is this transaction recorded?
A) the financial account B) the capital account C) the foreign services account D) the current account
New classical economists believe that monetary and fiscal policies are never effective
Indicate whether the statement is true or false