An increase in the supply of money will lead to a(n)
A) increase in equilibrium real GDP and an increase in equilibrium price level.
B) increase in equilibrium real GDP and a decrease in equilibrium price level.
C) decrease in equilibrium real GDP and an increase in equilibrium price level.
D) decrease in equilibrium real GDP and a decrease in equilibrium price level.
Ans: A) increase in equilibrium real GDP and an increase in equilibrium price level.
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During a demand-pull inflation, if the Fed tries to maintain a level of real GDP above potential GDP, the AD curve will ________ and the AS curve will ________
A) not shift; shift rightward continuously B) shift rightward continuously; shift rightward continuously C) shift rightward once; shift rightward continuously D) shift rightward continuously; not shift E) shift rightward continuously; shift leftward continuously
Under exchange-rate targeting, the central bank in the targeting country ________ lose the ability to pursue its own independent monetary policy and any shocks to the anchor country is ________ transmitted to the targeting country
A) does; directly B) does not; directly C) does; not directly D) does not; not directly
A prepaid hospital plan created by BaylorHospital for a group of Dallas public school teachers in 1929 is considered the forerunner of what was later called
a. managed care. b. Blue Cross. c. Blue Shield. d. the health maintenance organization. e. major medical insurance.
Which of the following is not true about migration?
a. Migration plays an important role in the economies of developing countries b. A major source of foreign exchange in some countries is the money sent home by migrants c. Migration provides a valuable safety valve for poor countries d. The best and brightest professionals are very unlikely to migrate to developed countries e. Every year thousands of nurses migrate from countries such as Kenya and the Philippines to the United States