Other things being equal, an expansion of commercial bank lending:
A. Changes the composition, but not the size, of the money supply
B. Is desirable during a period of demand-pull inflation
C. Reduces the money supply
D. Increases the money supply
D. Increases the money supply
Economics
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Along an IS curve as interest rates __________, income must be __________ so that saving, which is a positive function of income, can be lower to equal the smaller level of investment
A) decline; lower B) decline; higher C) increase; lower D) increase; higher
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A tripling of foreign aid would come close to curing global poverty
Indicate whether the statement is true or false
Economics