During early 2001, the Fed unexpectedly increased the money supply. The effect of this policy was a
A) downward shift of the short-run Phillips curve.
B) rightward shift of the long-run Phillips curve.
C) upward shift of the short-run Phillips curve.
D) movement upward along the short-run Phillips curve.
E) movement downward along the short-run Phillips curve.
D
Economics
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In which of the following is a risk-tolerant investor most likely to invest in?
a) CDs b) Savings accounts c) A-rated bonds d) Growth stocks
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Disposable income can be defined as national product
a. minus federal and state taxes. b. minus taxes plus transfers. c. minus indirect taxes. d. plus taxes plus transfers.
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