Suppose the Fed is successfully maintaining full employment in the economy. If businesses become pessimistic, we would predict ________.
A. the aggregate supply will shift to the left
B. there will be a move upward along the investment demand curve
C. the Fed will have to increase the money supply
D. the unemployment rate will fall
Answer: C
Economics
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A transfer payment is
a. any non monetary transaction. b. payment for an import. c. payment for land. d. a payment of money in return for which no current goods or services are produced.
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