Quantitative easing refers to a policy action in which a central bank
A) sells government securities to directly decrease bank reserves.
B) decreases interest rates directly without altering bank reserves.
C) increases interest rates directly without altering bank reserves.
D) buys government securities to directly increase bank reserves.
D
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Economies of scale were initially seen between
A) 1800 and 1840. B) 1970 and 1980. C) 1840 and 1910. D) none of these choices.
Which of the following taxes is most likely to be shifted?
A. A property tax on an owner-occupied residence B. A progressive income tax C. A flat-rate state income tax D. A general sales tax
In the above table, if the marginal factor cost is $200, how many workers would be hired?
A. 6
B. 5
C. 4
D. 3
The Law of Demand indicates that
A. there is a negative relationship between quantity demanded and price. B. there is a positive relationship between quantity demanded and price. C. there is a positive relationship between quantity demanded and quantity supplied. D. there is a negative relationship between quantity demanded and quantity supplied.