For every dollar's worth of government securities the Fed sells, the money supply
A) rises by more than $1.
B) rises by less than $1.
C) falls by less than $1.
D) falls by more than $1.
D
You might also like to view...
Early union activity in the late 18th and early 19th centuries in the United States was halted by court decisions holding that unions constituted criminal conspiracies
Indicate whether the statement is true or false
In economics "short run" is defined as
a. as a period of time when at least one of the four factors of production is fixed in supply b. A period of time during which at least one production input is fixed while others are variable.
In the twentieth century, average real wages have risen substantially:
A. in industrial countries excluding the United States. B. in neither the United States nor other industrial countries. C. only in the United States. D. in industrial countries including the United States.
Under the gold standard, a country with a negative balance of trade would experience
A. an inflow a gold and higher prices. B. an inflow of gold and lower prices. C. an outflow of gold and higher prices. D. an outflow of gold and lower prices.