Excessive unemployment benefits and government overregulation are part of the ________ hypothesis of why a nation's ________ unemployment rate can be high

Lowering the discount rate will

A) increase reserves, encourage banks to make more loans, and increase the money supply. B) decrease reserves, encourage banks to make fewer loans, and increase the money supply. C) decrease reserves, encourage banks to make fewer loans, and decrease the money supply. D) increase reserves, encourage banks to make more loans, and decrease the money supply.

The total level of all planned expenditures in the economy best describes

A) aggregate supply. B) aggregate demand. C) aggregate expenditures. D) both B and C are correct.