From time to time, the Federal Reserve sells various quantities of government bonds to the private sector through a process called
A) bond recall procedures. B) open market sales.
C) backflip bond investments. D) voluntary redemption procedures.
B
You might also like to view...
Describe the chain of events leading to exchange rate determination for the following cases:
(a) An increase in U.S. money supply (d) Increase in growth rate of U.S. money supply (c) Increase in world relative demand for U.S products (d) Increase in relative U.S. output supply
What advice did many analysts give to postcommunist states, particularly Russia, to boost their stagnating economies?
a. to strengthen a centralized state authority b. to ignore the invisible hand of the market c. to privatize state-owned businesses
When large firms in oligopolies cut their prices
A) rival firms will also cut their prices to avoid losing sales. B) rival firms will not change their prices because most of their customers have signed contracts that commit them to doing business with the same firms for the life of their contracts. C) we don't know for sure how rival firms will respond. D) rival firms will not cut their prices because they fear that the federal government will accuse them of collusion.
A firm will reduce its quantity of labor as long as the MRP of labor ________ the market wage rate.
A. is equal to B. is greater than or equal to C. is less than D. determines