In the long-run ISLM model and with everything else held constant, an increase in the money supply leaves the level of output and interest rates unchanged, an outcome called

During the Great Depression, as real interest rates rose, good credit risks were less likely to seek loans. This process illustrates the phenomenon of ________

A) adverse selection B) moral hazard C) poor monetary policy D) debt deflation

The Reserve Bank of Glassen is the apex banking institution in the country of Glassen. Money supply in Glassen will increase when:

a. the Reserve Bank of Glassen buys bonds from commercial banks b. the Reserve Bank of Glassen raises the required reserve ratio for commercial banks. c. the Reserve Bank of Glassen sells government bonds to commercial banks. d. the Reserve Bank of Glassen raises the discount rate for commercial banks. e. the Reserve Bank of Glassen prints new checks.