The tool most frequently relied on by the Fed is
A. interest rate changes.
B. changing the money multiplier.
C. changing the discount rate.
D. open-market operations.
E. changing the reserve ratio.
Answer: D
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A welding machine is an example of a factor of production if it is being used to produce automobiles
Indicate whether the statement is true or false
The RBV perspective predicts
a. firm's profitability differs only if they are in different industries b. firms within an industry are equally profitable c. firm's profitability within industries varies widely d. Only A&B
A piece rate compensation system
A. underemphasizes the quantity of output produced. B. attracts and benefits the most able workers. C. has no disadvantages. D. decreases a firm's productivity. E. inherently hurts minorities.
Which statement is true?
A. Big business has a great deal of economic power but very little political power. B. Big business has a great deal of political power but very little economic power. C. Big business has a great deal of economic and political power. D. Big business does not have much political or economic power.