To decrease the money supply, the Fed could
a. sell government bonds.
b. increase the discount rate.
c. increase the reserve requirement.
d. All of the above are correct.
d
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Changes in which of the following factors do NOT shift the demand curve?
A) the price of the good B) buyers' incomes C) the price of a substitute good D) the number of buyers E) the price expected in the future
A transaction with negative externalities will result in _____
a. overproduction b. underproduction c. maximization of net social welfare d. the true cost being borne by the participants in the transaction
The productivity gains from computer revolution appear to be small, possibly because we have not yet learned how to measure productivity in service sectors?such as banking, law, and medicine?that have benefited the most
Indicate whether the statement is true or false
An entrepreneur is willing to bring a supply of goods to the market if expected:
A. average total cost is greater than expected price. B. average revenue is equal to expected price. C. price and expected average total cost are equal. D. price is greater than expected average total cost.