An increase in a product's price will shift the labor demand curve for workers who produce that product to the left

Refer to the figure above. If there is no wage rigidity in the labor market, how much unemployment is created after the labor demand curve shifts to LD2?

A) 30 units B) 0 units C) 20 units D) 10 units

The currency drain reduces the amount of

A) reserves available to banks to make loans. B) currency the Fed has outstanding in the economy. C) currency available for banks to borrow from the Fed. D) the monetary base. E) open market operations the Fed can make.