According to the aggregate supply drawn under the monetarist view, which of the following would lead to a higher price level?
A. The purchase of bonds in the open market by the Fed.
B. An increase in the discount rate.
C. An increase in the reserve requirement.
D. A decrease in the money multiplier.
A. The purchase of bonds in the open market by the Fed.
Economics
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A shift of a demand curve to the right, all other things unchanged, will:
A) increase equilibrium price and quantity. B) decrease equilibrium price and quantity. C) decrease quantity and increase price. D) increase quantity and decrease price.
Economics
Buyers will bear the entire burden of a unit tax if the demand curve for a product is
A) upward sloping. B) horizontal. C) downward sloping. D) vertical.
Economics