The price for loanable funds is the interest rate.
Answer the following statement true (T) or false (F)
True
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Which of the following situations is likely to lead to dynamic open market operations?
A) A recession B) An increase in Federal Reserve float C) An increase in Treasury cash holdings D) An increase in currency outstanding
The 12 regional Fed banks do not:
A. Provide loans to banks. B. Hold reserves for banks. C. Accept deposits from individuals. D. Provide currency to banks.
For a perfectly competitive? firm, the? firm-specific demand curve is ___________
Fill in the blank(s) with the appropriate word(s)
Specialization in production is economically beneficial primarily because it:
A. allows everyone to have a job that he or she likes. B. permits the production of a larger output with fixed amounts of resources. C. facilitates trade by bartering. D. guarantees full employment.