Refer to the figure below. If the Federal Reserve wants to set the nominal interest rate at 1%, it must conduct open market ________ to set the money supply at ________. 
A. sales; 900
B. purchases; 300
C. purchases; 900
D. sales; 100
Answer: C
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A single-price monopoly has marginal revenue and marginal cost equal to $19 at 15 units of output where the price on the demand curve is $38. What is the firm's total revenue?
A) $38 B) $285 C) $570 D) $19 E) There is not enough information given to answer the question.
What makes the supply of U.S. dollars change?
What will be an ideal response?
The practice of approving mortgages in order to sell them as mortgage-backed securities is known as ________
A) originate-to-distribute B) principal-agent engineering C) predatory lending D) a credit default swap
In economics
A) both resources and wants are limited. B) both resources and wants are unlimited. C) resources are limited but wants are unlimited. D) resources are unlimited but wants are limited.