Question 14 Concern among private sectors that the payment systems would not function well at the turn of the 20th century resulted in a lot of uncertainty and fear. In response, the Fed: O Decreased the Monetary Base. O Made Y2K survival kits. ⒸDecreased its lending to individuals. O Increased the Monetary Base. O Increased its lending to individuals. 0 / 2.5 pts
Incorrect Question 16 Inflation rate, T 10% 7% 5% 4% 2 1 7 5 1% 2 % 3% 5% O 15 AD₂ Short-run aggregate supply Refer to the figure above. Assume that the economy is currently at point Y and that the growth rate of the velocity of money is constant (0%). If continues to remain constant, the Fed should increase the growth rate of the money supply by approximately percentage points to get the economy back to the long run equilibrium. AD₂ AD Real GDP growth rate 0/2.5 pts
Incorrect Incorrect Question 14 Concern among private sectors that the payment systems would not function well at the turn of the
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