1. Monetary policy is MOST directed at

A. the money supply to adjust the market interest rate to either "heat up" or "cool down" Aggregate Demand.

B. the money supply to change the purchasing power of currency.

C. the money supply to strengthen the US Dollar in currency markets.

D. the bond market to keep interest rates constant

2. The Phillips Curve" outlines....?

A. The mutually-exclusive tradeoff between unemployment and inflation.

B. The GDP Growth Rate and the price level.

The average prtices in the Bond Market and the growth of GDP.

D. NONE of the above are correct.