The Fed is most likely to pursue
A. Numerous increases in the discount rate to tighten the money supply quickly.
B. Frequent changes in marginal tax rates.
C. Frequent adjustment of the reserve requirement.
D. Use of open market operations as the primary mechanism to change reserves.
Answer: D
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Contrary to Populist views, the lending practices during industrialization provided ample opportunities for firms and agriculturalists to invest, grow and develop
Indicate whether the statement is true or false
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Which of the following is NOT true of a perfectly competitive firm?
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