In the federal funds market diagram, an open market sale by the Fed
A) shifts the reserve supply curve to the right.
B) shifts the reserve supply curve to the left.
C) decreases the federal funds rate.
D) increases the volume of federal funds traded.
B
You might also like to view...
If you are running a winery and you need one bottle for every 750ml of wine, then your production function
A) is inefficient. B) is considered "fixed-proportion." C) will have a diminishing marginal rate of technical substitution. D) has downward-sloping, straight line isoquants.
The sale of live cattle to a slaughterhouse constitutes a final transaction that is counted as part of the gross domestic product
a. True b. False Indicate whether the statement is true or false
If not corrected, the financial sector crisis of late 2008 would have tended to
A. increase both Real GDP and the general price level. B. increase Real GDP and lower the general price level. C. lower both Real GDP and the general price level. D. lower Real GDP and increase the general price level.
The money-multiplier process is based on the principle of fractional reserve banking.
Answer the following statement true (T) or false (F)