If the Fed was to use all of its three most common tools to increase the money supply, it would:
a. buy bonds, reduce the discount rate, and reduce reserve requirements.
b. sell bonds, reduce the discount rate, and reduce reserve requirements.
c. sell bonds, reduce the discount rate, and increase reserve requirements.
d. sell bonds, increase the discount rate, and increase reserve requirements.
a
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Education vouchers have the advantage that they retain ______ but still allow _____
a. government financing; parents to choose b. government production; considerable government control c. government production; parents to choose d. government financing; considerable government control
________ first presented the product cycle hypothesis.
A. Adam Smith B. Eli Heckscher C. David Ricardo D. Raymond Vernon
An example of a transfer payment is
A. old-age pensions. B. a private firm's payments of dividends to stockholders. C. military expenditures. D. military aid to another country.
What are the two main problems that have caused the demise of the command systems?
Please provide the best answer for the statement.