Which of the following pairs of policies have inconsistent effects on aggregate demand?
a. A tax increase and an increase in the money supply
b. A transfer payment increase and an increase in the money supply.
c. A reduction in government purchases and a reduction of the money supply.
d. none of the above
a
Economics
You might also like to view...
The monetary base is equal to the sum of coins,
A) currency and banks' reserves at the Federal Reserve. B) currency and checkable deposits at banks. C) currency, banks' reserves at the Federal Reserve and checkable deposits at banks. D) and checkable deposits at banks. E) U.S. government securities owned by the Federal Reserve and Federal Reserve notes.
Economics
Most of the labor force in developing countries work in the low wage manufacturing sector
a. True b. False
Economics