Which of the following will cause the aggregate demand curve to shift to the left?
A) An increase in the price level
B) An increase in the interest rate
C) An increase in money demand
D) An increase in investment expenditures
B
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A majority of charitable contributions in the United States are usually to ________
A) environmental causes B) religious causes C) basic necessities D) educational purposes
If the required reserve ratio is one-third, currency in circulation is $300 billion, and checkable deposits are $900 billion, then the currency-deposit ratio is
A) 0.25. B) 0.33. C) 0.67. D) 0.375.
Assume that an economy is in equilibrium when technological progress causes an increase in total factor productivity
Once the economy has adjusted to its new equilibrium, and assuming that the supplies of capital and labor remain unchanged, which of the following has increased? A) the real wage B) the share of capital income in national income C) the share of labor income in national income D) all of the above E) none of the above
1928 and 1929, the federal government’s tightening of the money supply was one of the policies that contributed to the Great Depression.
Answer the following statement(s) true (T) or false (F)