When the Federal Reserve increases its target rate of inflation, it will set a ________ real interest rate at every inflation rate and the aggregate demand curve will ________.

A. lower; shift to the right
B. higher; shift to the left
C. lower; shift to the left
D. higher; shift to the right

Answer: A

Economics

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With free trade between China and the United States, the winners are ___________ and the losers are _______

A. U.S. consumers of U.S. imports; U.S. producers of the U.S. import good B. China's consumers of China's imports; China's producers of its export good C. U.S. producers of the U.S. export good; U.S. consumers of U.S. imports D. China's consumers of China's export good; China's producers of its imported good

Economics

The largest category of money-market instrument is

A) commercial paper. B) U.S. Treasury bills. C) corporate bonds. D) corporate stock.

Economics