According to the aggregate supply drawn under the monetarist view, which of the following would lead to a higher price level?
A. The purchase of bonds in the open market by the Fed.
B. An increase in the discount rate.
C. An increase in the reserve requirement.
D. A decrease in the money multiplier.
A. The purchase of bonds in the open market by the Fed.
You might also like to view...
If unrealized capital gains are not taxed, then individuals _____
a. have no incentive to own assets that are going to appreciate in value b. have little incentive to own assets that are going to appreciate in value c. have strong incentive to own assets that are going to appreciate in value d. have incentives to not sell assets that have appreciated in value
Recall the Application about the use of fertilizer and its impact on crop yields to answer the following question(s). The table is taken from this Application.
Bags of Fertilizer Bushels of Corn0851120213531444147Refer to the table above. After applying the second bag of fertilizer, the farmer experienced:
A. increasing returns. B. diminishing returns. C. constant returns. D. negative returns.