An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.

When the Fed sells government securities to banks, the sale

A) decreases banks' reserves. B) increases the quantity of money. C) creates more excess reserves. D) increases banks' reserves. E) increases the monetary base.

In the United States in 2014, more people were classified as being not in the labor force than being employed

Indicate whether the statement is true or false