A government-imposed price ceiling set below the market's equilibrium price will create an excess demand for a product. As a result of the excess demand, either the demand curve will tend to shift to the left or the supply curve will shift to the right-or both

For a downward-sloping demand curve, marginal revenue decreases as quantity sold increases

Indicate whether the statement is true or false

A decrease in ________ increases the money supply since it causes the ________ to rise

A) reserve requirements; monetary base B) reserve requirements; money multiplier C) margin requirements; monetary base D) margin requirements; money multiplier