(1)

How does a change in a bank's reserves change their willingness to extend credit? (9 An increase in their reserves decreases their willingness to extend credit 0 An increase in their reserves increases their willingness to extend credit 0 A shift of their reserves to currency makes them a less attractive bank to borrow from 0 Changing their reserves to bonds gives them more flexibility Questions What is fiscal policy? What is stimulatiye fiscal policy? What is contractionary fiscal policy? How does fiscal policy relate to the circular-flow model? How does fiscal policy relate to the AS/AD model? When is stimulative fiscal policy more likely to be effective? What is inflation, and how is it measured? 20 10% 15% -5% 0% 5% 1954.III 1956.1 1957.III 1 of 1 1959.1 1960.III 1962.1 1965.1 1966.III 1968. 1969.III 1971.1 1972.III 1974.1 1975.III 1977. 1978.Ill 1980.1 1981.III 1983.1 -Mortgage growth 1984.III 1986.1 Interest rates and mortgages 1987.III 1989.1 1990.III 1992.1 -FedFunds 1993.III 1995.1 1996.III 1998.1 1999.III 2001.1 2002.III 2004.1 2005.III 2007.1 2008.III 2040.1 2014 111 2019 1 2014.III 2016.1 2017.III 2019.1 2020.11I