When conducting an open-market sale, the Fed

a. buys government bonds, and in so doing increases the money supply.
b. buys government bonds, and in so doing decreases the money supply.
c. sells government bonds, and in so doing increases the money supply.
d. sells government bonds, and in so doing decreases the money supply.


d

Economics

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Refer to the below graph for a monopolistic ally competitive firm. A successful advertising campaign by the firm will cause its demand curve to shift from:



A. A to B and become more elastic
B. A to B and become less elastic
C. B to A and become more elastic
D. B to A and become less elastic

Economics

If patients were allowed to sue their HMO, we would expect

A) the demand curve for health care services provided by the HMO to shift to the left and the price of HMO-provided health care coverage to fall. B) the supply curve for health care services provided by the HMO to shift to the left and the price of HMO-provided health care coverage to rise. C) the supply curve for health care services provided by the HMO to shift to the right and the price of HMO-provided health care coverage to fall. D) a and b E) none of the above

Economics

What causes the natural rate of unemployment to exist?

What will be an ideal response?

Economics

Which of the following is included in the narrow definition of the money supply?

a. Cash in bank vaults b. Savings deposits c. Money market mutual fund accounts d. Negotiable certificates of deposit e. Checkable deposits

Economics