The Fed decreases reserves if it conducts open market
a. purchases or auctions term credit.
b. purchases but not if it auctions term credit
c. sales or auctions term credit
d. sales but not if it auctions term credit
d
You might also like to view...
Using the data in the above table, when the firm increases its output from 4 to 9 units, the marginal cost of a unit is
A) $4.00 a unit. B) $5.00 a unit. C) $6.00 a unit. D) $7.00 a unit.
Refer to Table 4-5. The table above lists the highest prices five consumers are willing to pay for a concert ticket. If the price of one ticket rises from $20 to $38
A) consumer surplus increases from $88 to $142. B) consumer surplus decreases from $62 to $12. C) no one will buy a ticket. D) only three tickets will be sold.
The natural rate of unemployment
a. is the least controversial of the Fed's economic barometers b. has remained constant over periods of varying rates of inflation c. is defined as the lowest level of unemployment that can be sustained without putting inflationary pressures on the economy d. in the U.S. is thought to be twice the level of Europe's natural rate of unemployment e. was a mandate of the Humphrey-Hawkins Act
If an oligopolist cuts the prices of its products,
a. customers will switch to a rival firm. b. customers will remain unchanged in number. c. customers will switch from rival firms to buy from them. d. rival firms will not react.