If the Fed raises the discount rate at the same time it conducts an open market sale, it follows that the money supply will
A) fall.
B) rise.
C) remain unchanged.
D) There is not enough information to answer the question.
A
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According to the textbook, which of the following methods for coordinating the supplies and demands for scarce goods tends to work best to enhance the freedom and power of people who want the goods?
A) A lottery B) Equal shares for all C) First come, first served D) Highest money bid E) Might makes right
The assumption that "other things are constant" is also known as the
A) ceteris paribus assumption. B) rational self-interest assumption. C) distinguishing characteristic of economics as a science. D) relationships assumption.
Effective, stable leadership is essential to:
A. economic growth. B. discourage foreign direct investment from taking hold in a country. C. increasing human capital. D. increasing population size.
Which of the following activities can create an external cost?
a. Honking continuously while driving past a hospital. b. Reducing the use of plastic carry bags while shopping. c. Burying garbage under the soil and planting trees on it. d. Using smog controls on private cars.