Average growth rates of per capita income were close to zero, on average, prior to the Industrial Revolution

Other things constant, an increase in resource prices will:

A. increase aggregate demand. B. decrease aggregate demand. C. decrease aggregate supply. D. increase aggregate supply.

Decisions on the Fed’s buying and selling of government securities to control the U.S. money supply are made by

a. the Federal Open Market Committee. b. Federal Reserve Banks. c. the Board of Governors. d. the president of the New York Federal Reserve Bank.