If the Fed were to change the reserve requirement in an effort to increase the money supply, they would:

Not all similarly skilled workers are included in unions. As a result, wages for unionized workers tend to be ____ than for nonunion workers. Additionally, as a significant number of skilled workers seek work in the nonunion sector, the supply curve for nonunion labor shifts to the ____, thereby ____ wages for nonunion workers

a. higher; right; reducing b. higher; left; reducing c. lower; right; increasing d. lower; left; increasing

If the central bank increases the money supply, in the short run, output

a. rises so unemployment rises. b. rises so unemployment falls. c. falls so unemployment rises. d. falls so unemployment falls.