Ian gonna need these so here

Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t

Who has summer school : ( because i do : (

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak