If the Fed buys $100 in securities from a commercial bank, the
A) Fed's assets will decrease.
B) quantity of money will decrease.
C) quantity of the bank's reserves will increase.
D) amount of the bank's reserves will not change.
C
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What gives money value under a fiat system?
A) Fiat money is also a commodity. B) The supply of fiat money is controlled by the government. C) Fiat money is backed by gold. D) Fiat money is the same as Treasury bonds.
A graph that shows how the amount of advertising expenditure differs among various industries can be shown
A) by a trend-section graph. B) by a scatter diagram. C) by a time-series graph. D) as a trend. E) by a cross-section graph.
Options on futures contracts are referred to as
A) stock options. B) futures options. C) American options. D) individual options.
The greater the quantity and quality of complementary resources used in production, the ________ is the marginal productivity of the resource in question and the ________ is the demand for that resource
a. greater, lower b. lower, greater c. greater, greater d. lower, lower