When the Fed raises the federal funds rate, eventually there is

A) an upward movement along the investment demand curve and the aggregate demand curve shifts leftward.
B) an upward movement along the investment demand curve and the aggregate demand curve shifts rightward.
C) a leftward shift of the investment demand curve and the aggregate demand curve shifts leftward.
D) an upward movement along the investment demand curve and along the aggregate demand curve.
E) a leftward shift of both the aggregate demand curve and the aggregate supply curve.

A

Economics

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The author of An Inquiry Into the Nature and Causes of the Wealth of Nations was

A) Duncan Bradstreet. B) Dow Jones. C) John Maynard Keynes. D) Karl Marx. E) Adam Smith.

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The unemployment that fluctuates over the business cycle is called

A) frictional unemployment. B) structural unemployment. C) full unemployment. D) cyclical unemployment. E) natural unemployment.

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