Other things the same, if the Fed increases the quantity of money, the supply of money curve shifts
A) rightward and the nominal interest rate decreases.
B) leftward and the real interest rate increases.
C) leftward and the nominal interest rate increases.
D) leftward and the nominal interest rate decreases.
E) rightward and the real interest rate increases.
A
Economics
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a. the per capita income increases over time. b. real GNP increases over time. c. the capital/labor ratio does not change. d. the capital/labor ratio increases over time.
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By far, the best way to measure the standard of living of people in a country is the value of the country's GDP per capita
a. True b. False Indicate whether the statement is true or false
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