Refer to Scenario 25-2. As a result of Kristy's deposit, Bank A's excess reserves increase by

A) $2,000. B) $8,000. C) $10,000. D) $50,000.

B

Economics

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If the nominal money supply doubles while real money demand is unchanged, what happens to the price level?

A) The price level increases by a factor of four. B) The price level doubles. C) The price level is unchanged. D) The price level falls by one-half.

Economics

Abandonment of continual active discretionary counter-cyclical policies is advocated by

A) Keynesians. B) Monetarists. C) both Keynesians and Monetarists. D) neither Keynesians nor Monetarists.

Economics