A set of combinations of nominal interest rates and GDP, for which the demand for money is equal to the supply of money, is the:

Possible ways for the Fed to increase the money supply include ________ the rediscount rate and ________ reserve requirements

A) lowering, lowering B) lowering, raising C) raising, lowering D) raising, raising

An example of a transfer payment is

A) a teacher's paycheck. B) a paycheck for a member of the National Guard. C) a welfare payment. D) a purchase of a new bridge in Alaska.