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Unformatted text preview: c.make the market price indeterminate d.make the market quantity indeterminate e.definitely increase the market price f.definitely decrease the marker price g.both b and c are correct __ 9. The Federal Reserve (FED) controls the ____________ to alter equilibrium ____________ and shift _______________ a.Interest rate b.Money demand c.Money supply d.Interest rate e.Interest rate Match the definitions US National income is _A. value of production produced within the US borders US Personal Income is _B. Income earned by US citizens Disposable Income is __ C. value of production produced by US citizens US GDP is _D. Income received by the households residing in the US US GNP is __E. Income available for consumption and saving by US households Sheet1 Page 2 money supply money demand interest rate aggregate expenditure interest rate aggregate expenditures money supply aggregate expenditures C will fall money demand but C will fall...
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This note was uploaded on 04/03/2008 for the course ECON 1120 taught by Professor Wissink during the Spring '05 term at Cornell University (Engineering School).
- Spring '05