Which of the following is not a basic monetary policy tool used by the Fed?
A. Deposit insurance
B. The reserve requirement
C. The discount rate
D. The sale and purchase of Treasury bonds
A. Deposit insurance
You might also like to view...
Refer to Table 7-6. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many belts will Estonia gain compared to the "without trade" numbers?
A) 0 B) 10 C) 40 D) 50
Factory A can reduce emissions at a cost of $400 per ton. Factory B can reduce emissions at a cost of $100 per ton. In a system in which the government issues transferable pollution right at a price of $200 per ton:
a. Factory A can profit from selling its pollution rights to Factory B. b. Neither firm can profit from selling its pollution rights to the other. c. Factory B can profit from selling its pollution rights to Factory A. d. Both firms have an incentive to sell pollution rights.
By itself, the marginal utility of a particular good:
A. provides important information about a consumer's preferences. B. tells us how much a consumer would pay for the good. C. tells us how much the consumer values the good. D. is completely meaningless.
The price elasticity of demand measures
A. how responsive consumers are to a change in income. B. changes in demand. C. how responsive consumers are to a change in price. D. how responsive market prices are to a change in demand.