If the price level remains constant but the wage rate increases, then there will be __________ in production and the SRAS curve will shift __________

Which of the following increases the supply of a product?

A) a fall in the price of the product B) a smaller number of sellers producing the product C) an increase in foreign imports of the product D) higher taxes imposed upon producers of the product

Suppose you withdraw $1,000 from your savings account and put it in your checking account. Briefly explain how this will affect M1 and M2

What will be an ideal response?