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One of the American government's ongoing economic policies is assisting research through grants and programs. Which of the following agencies is an example of such programs?

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Refer to Table 8-12. Consider the following data on nominal GDP and real GDP (values are in billions of dollars):The base year used in calculating real GDP is

Refer to the graphs. A decrease in Y from Y1 to Y2 is explained as follows:a)An increase in P from P1 to P2 causes the money-demand curve to shift from MD1 to MD2; this shift of MD causes r to increase from r1 to r2; and this increase in r causes Y to decrease from Y1 to Y2.b)A decrease in P from P2 to P1 causes the money-demand curve to shift from MD1 to MD2; this shift of MD causes r to increase from r1 to r2; and this increase in r causes Y to decrease from Y1 to Y2.c)The Federal Reserve increases the money supply, causing the money-demand curve to shift from MD1 to MD2; this shift of MD causes r to increase from r1 to r2; and this increase in r causes Y to decrease from Y1 to Y2.d)An increase in the price level causes the money-demand curve to shift from MD2 to MD1; this shift of MD causes r to decrease from r2 to r1; and this decrease in r causes Y to decrease from Y1 to Y2.

For a given positive inflation​ rate,A.the real interest rate is always higher than the nominal interest​ rate, and the real interest rate may be positive or negative.B.the nominal interest rate is always higher than the real interest​ rate, and the real interest rate may be positive or negative.C.the nominal interest rate can be lower than the real interest​ rate, but the nominal interest rate cannot be negative.D.the nominal interest rate can be lower than the real interest​ rate, and the real interest rate may be positive or negative.

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