The Fed uses open market operations to
A. determine the discount rate.
B. determine the required reserve ratio.
C. determine the federal funds rate.
D. buy or sell government securities.
Answer: D
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Wealthy consumers do not have to make decisions on what to buy or how much to save
a. True b. False Indicate whether the statement is true or false
Which of the following is not included in the U.S. balance of payments?
a. Gifts from parents residing in foreign countries and paid to students studying at U.S. colleges and universities. b. U.S. government military gifts to foreign governments. c. U.S. aid to Indonesian tsunami victims. d. U.S. corporate gifts to families in foreign nations who were harmed by hurricanes. e. All of the above are included in the balance of payments.
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. If four drones are produced, total variable costs are
A. $17.50. B. $20. C. $70. D. $120.
Increasing returns would be a situation where a firm increases its workforce and other inputs by:
A. 8 percent and its output increases by 5 percent B. 5 percent and its output increase by 8 percent C. 8 percent and its output increases by 8 percent D. 12 percent and its output increases by 10 percent