If the Reserve Bank of New Zealand lowers the official cash
rate, the money supply _____ , leading to a ______in the market
interest rate, ceteris paribus. Thus, households prefer to consume
______ and firms prefer to invest _______. Suppose that the
short-run aggregate-supply curve remains unchanged. The lower
official cash rate tends to shift the aggregate-demand curve
______, leading to _______output and inflation. Group of answer
choices
decreases; rise; less; less; leftwards; higher
increases; fall; more; more; leftwards; higher
increases; fall; more; more; rightwards; higher
increases; fall; more; more; rightwards; lower
If the Reserve Bank of New Zealand lowers the official cash rate, the money supply _____ , leading to a ______in the mar
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