If a consumer's total expenditure on a good does not vary with price, then that consumer's demand curve is unit elastic over that range of prices

In the early 2000s, some argued that the Indian government impeded foreign investment with tariffs, investment caps, and tons of red tape. In terms of promoting or retarding economic growth, such policies:

A. increase growth because they keep people producing for the local market. B. decrease growth because they slow the growth of capital. C. increase growth because they stop exploitation by foreigners. D. decrease growth because they cause inflation.

The effect on the monetary policy reaction curve resulting from policymakers decreasing their inflation target would be:

A. the monetary policy reaction curve shifting to the right. B. the monetary policy reaction curve shifting to the left. C. a movement up the existing monetary policy reaction curve. D. a movement down the existing monetary policy reaction curve.