Given a real interest rate, a decrease in taxes on saving ________ the after-tax real interest rate and ________ the incentive to save

Aggregate demand is the total demand for intermediate goods and services in an entire economy

Indicate whether the statement is true or false

Which of the following did not happen during the onset of the Great Depression?

a. The money supply fell as households took money out of bank deposits. b. The Fed conducted expansionary monetary policy. c. Stock prices fell about 90 percent. d. Disruption of the banking system made it difficult for some firms to obtain funds for investment.