Which of the following would reduce the money multiplier?
A) bank reductions in desired reserve holdings B) reducing the reserve ratio
C) cash drains from banks D) bond purchases by the Fed
C
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The special privileges and obligations of corporations are defined by law.
Answer the following statement true (T) or false (F)
During the process of a strike, both the employer and the union workers will do all of the following except
a. signaling what they will accept b. conceal agendas c. disregard the return to monopsony power d. reassess all relevant factors e. try to obtain the best wage agreement
According to the monetarist view, the aggregate supply curve is:
A. Upward sloping to the right. B. Perfectly vertical at the natural rate of unemployment. C. Flat or horizontal until full employment is reached. D. Flat or horizontal at all levels of output.
At points on the short-run aggregate supply curve, but to the right of the long-run aggregate supply curve, resources are:
A. underutilized, making it more likely that the short-run aggregate supply curve will shift down (to the right). B. overutilized, making it more likely that the short-run aggregate supply curve will shift down (to the right). C. overutilized, making it more likely that the short-run aggregate supply curve will shift up (to the left). D. underutilized, making it more likely that the short-run aggregate supply curve will shift up (to the left).