Answer: d. The money supply decreases, and aggregate demand shifts left.
If the Bank of Canada conducts open-market sales, how do the money supply and the aggregate demand change?
a. The money supply increases, and aggregate demand shifts right.
b. The money supply increases, and aggregate demand shifts left.
c. The money supply decreases, and aggregate demand shifts right.
d. The money supply decreases, and aggregate demand shifts left.
Economics
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Which of the following statements is true?
A) A nation's institution comprises of the rules and regulations in the nation, while a nation's culture comprises of the saving habits of its citizens. B) A nation's culture comprises of both the saving habits of its citizens and the rules and regulations in the nation. C) A nation's culture comprises of both the ongoing tax rate and the rules and regulations in the nation. D) A nation's culture comprises of the ongoing tax, while a nation's institutions comprises of the rules and regulations in the nation.
Economics
Based on the figure above, the firm's marginal product curve slopes upward at levels of output between ________ and the firm's average product curve slopes upward at levels of output between ________
A) 4.0 and 7.0; 4.0 and 7.0 B) 0 and 7.0; 4.0 and 7.0 C) 4.0 and 7.0; 0 and 4.0 D) 0 and 4.0; 0 and 7.0 E) More information is needed to answer the question.
Economics