QuizMaster A. Control the money supply
B. Provide notes and coins for trade
C. Make a profit
D. Provide a cheque clearing system
A. flat; steep
B. flat; flat
C. steep; flat
D. steep; steep
A. the economy moves up the LM curve
B. The LM curves shifts to the left
C. The economy moves down the LM curve
D. The LM curve shift to the right
A. aggregate supply curve
B. LM curve
C. aggregate demand curve
D. IS curve
A. be reduced
B. not be affected
C. fall to zero
D. be increased
A. Suffer even more
B. not be reduced as much as it would have been
C. be replaced by foreign investment
D. be replaced by consumer spending
A. downward slog over all levels of output
B. upward slog over all levels of output
C. horizontal until it reaches full capacity and then becomes vertical
D. vertical until it reaches full capacity and then becomes horizontal
A. decrease the money supply
B. increase the money supply
C. increase the demand for money
D. decrease the demand for money
A. is determined in the goods market and influences the level of planned investment and thus the money market
B. is determined in the money market and influences the level of planned investment and thus the goods market
C. is determined in the goods market and has no influences on the money market
D. is determined in the money market and has no influence on the goods market
A. contractionary fiscal policy
B. expansionary monetary policy
C. contractionary monetary policy
D. expansionary fiscal policy