On the graph above, if inflation is rising, while the quantity demanded and output are rising, the economy may be at a point on ________
A) the aggregate supply curve above the aggregate demand curve
B) the aggregate supply curve below the aggregate demand curve
C) the aggregate demand curve above the aggregate supply curve
D) the aggregate demand curve below the aggregate supply curve
E) none of the above
E
Economics
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A productivity-enhancing innovation has the effect of shifting the supply curve to the right.
Answer the following statement true (T) or false (F)
Economics
The Board of Governors of the Federal Reserve System can increase commercial bank reserves by:
a. Increasing the reserve ratio b. Buying government securities in the open market c. Decreasing the prime interest rate d. Increasing the discount rate
Economics