If consumption spending is greater than national income,

When the price level increases, people demand ________ money and the demand for money curve ________

A) less; shifts rightward B) more; shifts leftward C) less; shifts leftward D) the same amount of; does not shift E) more; shifts rightward

The expansion of governmental direct controls over the economy which characterized the "New Frontier" and "Great Society" programs of the Kennedy-Johnson years was continued and expanded by the Nixon Administration

Indicate whether the statement is true or false