In the Short- Run, Lowering the Federal Funds Rate Will

question 140

Multiple Choice

In the short- run, lowering the federal funds rate will shift the curve and
Real GDP.

• A) aggregate demand; leftward; decreases
• B) aggregate supply; rightward; increases
• C) aggregate demand; rightward; increases
• D) aggregate demand; leftward; increases

---

Definitions:

Mead's Preparatory

A phase identified by sociologist George Herbert Mead where children mimic or imitate others as part of their social development.

Sociobiology

The scientific study of the biological aspects of social behavior in animals and humans.

Personalities

Refers to the characteristic patterns of thoughts, feelings, and behaviors that make a person unique.

Sociologist

A social scientist who studies the behavior, interactions, and structure of groups of people within societies.