The sale of government bonds by the Federal Reserve Banks to commercial banks will:
A. increase aggregate supply.
B. decrease aggregate supply.
C. increase aggregate demand.
D. decrease aggregate demand.
D. decrease aggregate demand.
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What has happened to health care spending and the quality of health care services in the United States over the past 50 years?
What will be an ideal response?
An increase in household saving causes consumption to
a. rise and aggregate demand to increase. b. rise and aggregate demand to decrease. c. fall and aggregate demand to increase. d. fall and aggregate demand to decrease.
A trade imbalance occurs when:
A. exports from and imports to a country suddenly decline. B. a country does not import or export any goods or services. C. the quantity of imports equals the quantity of exports, but are large relative to total output. D. the quantity of a country's exports differs significantly from the quantity of imports.
Which of the following is consistent with the idea that high money supply growth leads to high inflation?
a. the quantity theory and evidence from four hyperinflations during the 1920's
b. the quantity theory but not evidence from four hyperinflations during the 1920's
c. evidence from four hyperinflations during the 1920's but not the quantity theory
d. neither the quantity theory nor evidence from four hyperinflation during the 1920's