Imagine that Wingate National is a new bank, and that the legal reserve requirement is 10 percent. If it accepts a $1,000 deposit, then it alone can increase the money supply by

Assuming a long-run aggregate supply curve, a decrease in consumer confidence results in ________ in output and ________ in price level

A) a decrease; no change B) a decrease; a decrease C) an increase; no change D) no change; a decrease

A price floor does not benefit producers

a. True b. False Indicate whether the statement is true or false