An increase in the amount of excess reserves held by a bank helps to increase the economy's money supply
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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When the Federal Reserve float __________, bank reserves __________
A) rises; fall B) rises; rise C) rise; are unchanged D) rise; change unpredictably
Economics
An increase in aggregate supply will cause the price level to:
a. rise and GDP to rise b. rise and GDP to fall. c. rise and the unemployment rate to fall. d. fall and GDP to rise. e. fall and the unemployment rate to rise.
Economics