Suppose that the Federal Reserve issued bonds in the amount of $45 million and the reserve requirement was 10%, what would be the resulting change to the money stock?

Any increase in autonomous consumption is associated with:

a. an equivalent increase in autonomous saving. b. an equivalent decrease in autonomous saving. c. an equivalent increase in the slope of the saving function. d. an equivalent decrease in the slope of the consumption function. e. an equivalent movement along the consumption function.

The unemployment rate for the economy as a whole is a(n)

a. normative value judgment b. positive value judgment c. microeconomic statistic d. macroeconomic statistic e. example of an economic model