A scatter diagram shows the
A) level of one variable over time.
B) change in one variable over time.
C) relationship between two variables.
D) evolution of a variable.
C
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The price level rises in the short run if
A. aggregate demand or aggregate supply shifts right. B. aggregate demand shifts right or aggregate supply shifts left. C. aggregate demand shifts left or aggregate supply shifts right. D. aggregate demand or aggregate supply shifts right.
Which of the following statements about the Depository Institutions Deregulation and Monetary Control Act of 1980 is NOT correct?
A) It required all banks to maintain reserve deposits with the Fed. B) It gave member and nonmember banks equivalent access to discount loans. C) It halted the decline in Fed membership. D) It eliminated restrictions on interstate banking for member banks.