An open market sale of bonds by the Federal Reserve will lead to an increase of reserves in banks
Indicate whether the statement is true or false
FALSE
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If the Phillips curve represents a "________ relationship," then the trade-off between unemployment and inflation is permanent
A) cyclical B) structural C) frictional D) dynamic
The margin requirement set by the Federal Reserve is the
A) proportion of the purchase price of a security that an investor must pay in cash. B) difference between the interest rate banks may charge on loans and the interest rate they receive from deposits. C) same thing as the required reserve ratio on deposits. D) difference banks must maintain between the value of their assets and the value of their liabilities.
The objective of creating a permit trading system for SO2 (sulfur dioxide) is to
A) employ environmental protection agency (EPA) workers. B) create a market in which one did not previously exist. C) make annual company tax reporting more difficult. D) increase the incidence of acid rain.
Since the end of the 2008-2009 recession, remittances from illegal immigrants in the United States to Mexico
A. began to noticeably decrease. B. have begun to increase. C. did not noticeably change. D. continued to fall.