Which of the following will most likely result from an unanticipated decrease in aggregate supply due to unfavorable weather conditions in agricultural areas?
What will be an ideal response?
An increase in the general level of prices
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When the Fed buys government securities in the open market, it ________.
A. decreases the excess reserves of the banking system, reducing excess reserves for overnight loans in the federal funds market and thus lowering the federal funds rate B. increases the excess reserves of the banking system, raising excess reserves for overnight loans in the federal funds market and thus lowering the federal funds rate C. increases the excess reserves of the banking system, reducing excess reserves for overnight loans in the federal funds market and thus lowering the federal funds rate D. decreases the excess reserves of the banking system, reducing excess reserves for overnight loans in the federal funds market and thus increasing the federal funds rate
In economics, the meaning of demand refers to
A) how badly someone wants a good. B) the quantities of a good that people will buy at various prices. C) the quantities of a good that people will sell at various prices. D) the total satisfaction that consuming a good provides people at different prices.
Globalization was much more pervasive in the 1800s than it is today
a. True b. False Indicate whether the statement is true or false
Policies which promote good governance of a society are:
A. uncommon in nations with high growth rates. B. based on favoritism. C. not important to pursue in developing countries. D. central to economic growth.