If your income goes up by 2% and, in response, the quantity demanded of good x rises by 3%, good x can be considered

Other things the same, if reserve requirements are increased, the reserve ratio

a. increases, the money multiplier increases, and the money supply increases. b. increases, the money multiplier decreases, and the money supply decreases. c. decreases, the money multiplier increases, and the money supply increases. d. decreases, the money multiplier decreases, and the money supply increases.

Say's law was the centerpiece of

A. Keynesian economics. B. communism. C. classical economics. D. rational expectations theory.