If the Fed buys more bonds from the public, then the money supply will:
A. Decrease and the aggregate demand curve will shift to the right.
B. Increase and the aggregate demand curve will shift to the right.
C. Increase and the aggregate demand curve will shift to the left.
D. Decrease and the aggregate demand curve will shift to the left.
C. Increase and the aggregate demand curve will shift to the left.
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The main reason for the high price of antiques is that:
A. Supply is relatively elastic and demand increases over time B. Supply is relatively inelastic and demand increases over time C. Demand is relatively elastic and supply increases over time D. Demand is relatively inelastic and supply increases over time
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.