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1) Specify whether the money demand curve would increase or decrease given the following actions? a) There was a decrease in real GDP. b) There

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1) Specify whether the money demand curve would increase or decrease given the following actions? a) There was a decrease in real GDP. b) There was a decrease in techology c) There was an increase in the price level d) There was an improvement in technology. e) There was an increase in real GDP. f) There was a decrease in the price level 2) Specify whether the money supply curvo would increase or decrease given the following actions? a) The Fed conducted expansonary monotary policy b) The Fed conducted contractionary monetary policy

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