Which of the following examples is most likely the result of a contractionary monetary policy?
a. Ebba goes on a buying spree online.
b. Lars invests a large amount of money in a CD.
c. Alma decides that now is the best time to buy a sports car.
d. Emil takes out a loan to add an extension to his house.
b. Lars invests a large amount of money in a CD.
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What is the difference between the quantity supplied of corn and the supply of corn? What could cause a rise in the quantity supplied of corn, and what could cause a rise in the supply of corn? How would these changes be shown graphically using a supply curve?
What will be an ideal response?
Considering the information in the table shown, if Jack consumes 3 popsicles and 1 ice cream cone, then:
This table shows the different combinations of goods that Jack can consume, given that his income to spend on these two items is $10.
A. Jack still has $5 left to spend.
B. the price of ice cream must have increased to $8.
C. the price of popsicles must have decreased.
D. None of these is true.
Years ago, thousands of country music fans risked their lives by rushing to buy tickets for a Willie Nelson concert at Carnegie Hall. This behavior indicates
a. the ticket price was above the equilibrium price. b. the ticket price was below the equilibrium price. c. the ticket price was at the equilibrium price. d. nothing about the equilibrium price.
Which of the following is NOT a reason the Fed changes the rate of growth of the money supply?
A. to influence aggregate demand B. to influence the amount of investment C. to shift the demand for money curve D. to influence the amount of consumption