Which of the Following Lists Two Things That Both Increase

question 74

Multiple Choice

Which of the following lists two things that both increase the money supply?

• A)lower the discount rate, raise the reserve requirement ratio
• B)lower the discount rate, lower the reserve requirement ratio
• C)raise the discount rate, raise the reserve requirement ratio
• D)raise the discount rate, lower the reserve requirement ratio

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Definitions:

Economists

Professionals who study, develop, and apply theories and concepts from economics and write about economic policy.

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full adjustment to changes in market conditions.

Hourly Wage Rate

The amount of money paid for each hour of work.

Production Technology

Refers to the methods and processes used by businesses to manufacture goods and provide services.