Business, 15.07.2020 05:01 miraclewhipppp

Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate which curve is involved and the direction of the change. A. As a result of an increase in the value of the dollar relative to other currencies, American producers pay less in dollar terms for foreign steel, a major commodity used in production.
B) An increase in the money supply by the Federal Reserve increases the quantity of money that people wish to lend, lowering interest rates.
C) Greater union activity leads to higher nominal wages.
D) A fall in the aggregate price level increases the purchasing power of households' and firms' money holdings. As a result, they borrow less and lend more.

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