Which of the monetary policy tools can alter both the level of excess reserves and the money multiplier?
A. The reserve requirement
B. The discount rate
C. Open-market operations
D. The federal funds rate
Answer: A
You might also like to view...
Any change that increases the quantity of labor supplied at all wage rates will ________, assuming all else equal
A) shift the labor supply curve to the left B) cause an upward movement along the labor supply curve C) shift the labor supply curve to the right D) cause a downward movement along the labor supply curve
The private sector balance is equal to ________
A) income minus consumption minus net taxes B) income minus consumption minus investment C) saving minus investment D) income minus consumption
Between 1965 and 1972, eight major pieces of consumer-protection legislation were enacted. This burst of legislative activity was largely related to:
a. increased public fears following the thalidomide tragedy. b. public outcry following a series of steamboat explosions. c. a general lack of faith in the market. d. widespread support for the "Reagan Revolution.".
The yield percentage of a stock is calculated as
A. the corporation's net worth divided by the number of shareholders. B. the book value of the stock divided by the number of shareholders. C. the expected appreciation of the stock. D. the stock dividend divided by the price of the stock.