If float is predicted to decrease because of unseasonably good weather, the manager of the trading desk at the Federal Reserve Bank of New York will likely conduct a ________ open market ________ of securities
A) defensive; sale
B) defensive; purchase
C) dynamic; sale
D) dynamic; purchase
B
You might also like to view...
Refer to the figure above. What is the domestic demand for calculators in Barylia, once the economy opens up to free trade?
A) 20 units B) 50 units C) 60 units D) 100 units
In a closed economy, public saving is equal to which of the following? (Y = GDP, C = Consumption, G = Government purchases, T = Taxes, and TR = Transfers)
A) Y - C - T + TR B) Y - G - T C) T - G - TR D) Y - C - T Scenario 21-1 Consider the following data for a closed economy: Y = $12 trillion C = $8 trillion I = $2 trillion G = $2 trillion TR = $2 trillion T = $3 trillion
Collective bargaining in the United States typically involves negotiations between
A) the government and management over the minimum wage law. B) the management of a company and the leaders of the union over the wages and fringe benefits to be offered. C) an individual and her boss over the appropriate salary level. D) union and nonunion employees regarding work rules.
When inflation comes from the supply side, inflation and unemployment are positively correlated. Does this mean that monetary and fiscal policy makers can escape the trade-off between inflation and unemployment?