Monetarists believe in a relatively unstable __________ curve, and thus recommend a monetary policy targeting the __________

In October 2005, the U.S. Fish and Wildlife Service banned the importation of beluga caviar, the most prized of caviars, from the Caspian Sea. What happened in the market for caviar in the United States?

A) The demand curve shifted to the right. B) The demand curve shifted to the left. C) The supply curve shifted to the right. D) The supply curve shifted to the left.

If businesses spend an additional $150 billion for investment projects in 2010, what will be the impact on national income (Y) if the multiplier is 2?

a. Y will increase by $50 billion. b. Y will increase by $150 billion. c. Y will increase by $300 billion. d. Y will increase by $450 billion.