Suppose k = 0.2. With a $200 billion increase in the money supply, the LM curve shifts

A) to the right by $40 billion.
B) to the left by $160 billion.
C) to the left by $200 billion.
D) to the right by $1000 billion.

D

Economics

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Based on the example provided by the authors, what is the key factor that explains much of the growing inequality in wages paid to different types of workers in the U.S. since 1980?

A) Changes in the gender composition of the work force B) Changes in the age distribution of the work force C) Differences in computer and data analysis skills D) Changes in the geographic concentration of workers

Economics

Discretionary fiscal policy works by shifting the short-run aggregate supply curve

a. True b. False Indicate whether the statement is true or false

Economics