Which of the following will cause a decrease in aggregate demand?
A. Restrictive monetary policy.
B. A decrease in the reserve requirement.
C. Expansionary monetary policy.
D. The purchase of bonds by the Fed.
A. Restrictive monetary policy.
Economics
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Which of the following statements is CORRECT?
A) The United States produces more goods than services. B) The United States produces more services than goods. C) The United States produces more agricultural goods than manufactured goods. D) The United States produces an equal amount of goods and services.
Economics
Give examples of factors that decrease aggregate supply. Which way does the AS curve shift?
What will be an ideal response?
Economics