When changes in the supply of money are implemented, it makes interest rates change in the _____ direction as the shift in the money supply curve and makes aggregate demand change in the _____ direction as the shift in the money supply curve.
a. Same; same

Which of the following are policy instruments available to the Fed as it tries to achieve its macroeconomic goals?

i. government expenditure on goods and services and taxes ii. the government budget deficit or surplus iii. changes in the federal funds rate A) iii only B) ii and iii C) ii only D) i and ii E) i and iii

A side effect of a price floor set above the equilibrium price is:

a. the new price is below equilibrium price. b. an excess supply of the good is created. c. an excess demand for the good is created. d. the supply of the good decreases. e. the demand for the good increases.