If the Fed Wants to Move the Economy Up and to the Left

question 3

Multiple Choice

If the Fed wants to move the economy up and to the left along the Phillips curve,what must it do?

• A) Increase the rate at which the aggregate supply curve shifts upward
• B) Decrease the rate at which the aggregate demand curve shifts rightward
• C) Increase the rate at which the aggregate demand curve shifts rightward
• D) Increase the rate at which the aggregate demand curve shifts leftward
• E) Decrease the rate at which the aggregate supply curve shifts upward.

---

Definitions:

State Court

A court that is established by the laws of a state and that has jurisdiction over disputes under state law.

Jurisdiction

The official power to make legal decisions and judgments, typically defined by geographic area or specific types of legal cases.

Discovery Tools

Procedures used in legal proceedings to obtain evidence from the opposing party, including depositions, interrogatories, and requests for documents.

Interrogatories

A formal set of written questions that one party to a lawsuit asks the opposing party as part of the pretrial discovery process in order to clarify matters of evidence and help determine in advance what facts will be presented at any trial in the case. The questions must be answered in writing under oath or under penalty of perjury within a specified time. Also called requests for further information.