When Fed policy is addressing either a contractionary or inflationary gap, interest rates will be changed in the same direction as the intended change in real GDP

The relationship between money and spending is

A) very reliable. B) very unreliable. C) not important. D) None of the above.

An indifference map states:

A. indifference curves farther from the origin yield higher levels of total utility. B. that the consumer's income varies with the level of the indifference curve. C. indifference curves closer to the origin yield higher levels of total utility. D. that the points on either parts of indifference curves are preferred to the midpoint.