The amount of borrowed reserves is ________ related to the discount rate, and is ________ related to the market interest rate
A) negatively; negatively
B) negatively; positively
C) positively; negatively
D) positively; positively
B
You might also like to view...
All of the following increase labor productivity except _________
A. the accumulation of skill and knowledge B. an increase in capital per hour of labor C. an increase in consumption D. the employment of a new technology
Which of the following is a likely result of the deregulation of the airline industry that might benefit consumers?
a. a wage increase for union pilots b. a possible decline in airline safety c. one firm's emerging as an unregulated monopoly d. loss of service to unprofitable routes e. a decrease in air fares
Suppose the central bank increases the growth rate of the money supply. In the long run, which of the following is unaffected by this change in policy?
a. the unemployment rate and the inflation rate b. the unemployment rate but not the inflation rate c. the inflation rate but not the unemployment rate d. neither the inflation rate nor the unemployment rate
If adopted by a firm, a labor-saving piece of technology is one that would:
A. decrease labor supply. B. decrease labor demand. C. increase labor supply. D. increase labor demand.