Weegy: A. becomes flatter.
User: 4. To lower interest rates, the Bank of Canada could
A. buy securities. D. decrease the chartered banks' reserves.
B. decrease the money supply. E. raise the treasury bill rate.
C. raise the reserve requirement.
Weegy: A. buy securities.
User: 2. Suppose a Canadian firm imports $1,000 worth of bananas and sells them for $2,000. The effect on GDP would be
A. to decrease the value of GDP by $3,000.
B. to increase the value of GDP by $3,000.
C. to increase the value of GDP by $2,000.
D. to increase the value of GDP by $1,000.
E. no effect on GDP since the bananas were produced outside Canada.
Weegy: D. to increase the value of GDP by $1,000.
User: 3. An increase in the MPS will cause, other factors remaining constant:
A. a parallel shift up in the AE-function and a parallel shift up in the L-function;
B. a rotational shift up in the AE-function and a rotational shift up in the L-function;
C. a parallel shift down in the AE-function and a rotational shift up in the L-function;
D. a rotational shift down in the AE-function and a rotational shift up in the L-function;
E. a rotational shift down in the AS-function and a rotational shift up in the L-function.
Weegy: D. a rotational shift down in the AE-function and a rotational shift up in the L-function
User: 6. Who among the following did not estimate the incidence of poverty in India?
A. B. S. Minhas C. P.K.Bardhan
B. V. M. Dandekar and N. Rath D. Raj Krishna
(More) 8
As the economy nears Y-full capacity, the short-run aggregate supply curve becomes steeper.
Added 7/18/2019 6:33:31 PM
This answer has been confirmed as correct and helpful.
8
Raj Krishna did not estimate the incidence of poverty in India.
Added 7/18/2019 6:33:33 PM
This answer has been confirmed as correct and helpful.
