Analysis that is limited to making either purely descriptive statements or scientific predictions is

Refer to Figure 17-9. Fed Chairman Paul Volcker's response to high inflation of the late 1970s is depicted in the figure above as a movement from

A) A to D to C. B) C to E to B. C) A to B to C. D) C to B to A. E) C to D to A.

The public, by raising the currency-to-deposit ratio, ________ the deposit creation multiplier, ________ the money supply

A) raises, and raises B) raises, yet does not affect C) lowers, yet does not affect D) lowers, and lowers E) does not affect, yet raises