If the Bank of Canada Conducts Open-Market Sales, How Do

question 61

Multiple Choice

If the Bank of Canada conducts open-market sales, how do the money supply and the aggregate demand change?

• A) The money supply increases, and aggregate demand shifts right.
• B) The money supply increases, and aggregate demand shifts left.
• C) The money supply decreases, and aggregate demand shifts right.
• D) The money supply decreases, and aggregate demand shifts left.

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Definitions:

Photosynthesis

Metabolic pathway by which most autotrophs use sunlight to make sugars from carbon dioxide and water.

Substrate-Level Phosphorylation

ATP formation by the transfer of a phosphate group from a phosphorylated molecule to ADP.

Glycolysis

Set of reactions that convert glucose to two pyruvate for a net yield of two ATP and two NADH.