The 1978 Full Employment and Balanced Growth Act called for a target unemployment rate of

In the Keynesian cross diagram, a decrease in investment spending because companies become more pessimistic about investment profitability causes the aggregate demand function to shift ________ and the equilibrium level of aggregate output to

________, everything else held constant. A) up; rise B) up; fall C) down; rise D) down; fall

When a $1,000 check written on the Chase Bank is deposited in an account at the Bank of America the:

a. Liabilities of Chase rise by $1,000. b. Reserves of Chase increase by $1,000. c. Liabilities of the Bank of America fall by $1,000. d. Reserves of the Bank of America increase by $1,000. e. All the above.