Multiple Choice
Banks decide to raise the interest rate they pay on chequing accounts from 4.75% to 5.25%.This action would
A) increase money demand,shifting the LM curve up.
B) increase money demand,shifting the LM curve down.
C) decrease money demand,shifting the LM curve up.
D) decrease money demand,shifting the LM curve down.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: A rise in expected future output that
Q5: The full-employment (FE)line shifts right if<br>A)unemployment declines.<br>B)technology
Q6: Suppose the Bank of Canada's short-run response
Q7: In an oil-importing country,a permanent fall in
Q9: An increase in labour supply<br>A)shifts FE to
Q12: A change that increases the real money
Q13: An expansionary fiscal policy will lead to<br>A)an
Q37: Classical economists believe that in the short
Q38: Classical economists think general equilibrium is attained
Q109: The aggregate demand curve<br>A)is vertical.<br>B)slopes upward.<br>C)is horizontal.<br>D)slopes