In the short-run, lowering the federal funds rate will shift the ________ and ________ real GDP.
A. aggregate demand curve leftward; decrease
B. aggregate demand curve rightward; increase
C. aggregate supply curve rightward; increase
D. aggregate demand curve leftward; increase
Answer:B
In the short-run, lowering the federal funds rate will shift the ________ and ________ real GDP.
A. aggregate demand curve leftward; decrease B. aggregate demand curve rightward; increase C. aggregate supply curve rightward; increase D. aggregate demand curve leftward; increase