If the money multiplier is 3 and the Fed wants to increase the money supply by $900,000, it could
a. buy $300,000 worth of bonds.
b. buy $225,000 worth of bonds.
c. sell $300,000 worth of bonds.
d. sell $225,000 worth of bonds.
a
You might also like to view...
What are a marginal cost pricing rule and an average cost pricing rule? What are the disadvantages and advantages of each?
What will be an ideal response?
Paper money
a. has a high intrinsic value. b. is the primary medium of exchange in a barter economy. c. is valuable because it is generally accepted in trade. d. is valuable only because of the legal tender requirement.
Yield management is the practice of
A) forecasting competitors' responses to price changes. B) using information technology to find the best interest rate. C) determining production functions to minimize production costs. D) using buyer data to rapidly adjust prices.
Total cost is equal to
a. TFC + TVC. b. TFC – TVC. c. TFC/TVC. d. TVC/TFC.