If the Fed purchases government securities from commercial banks, the reserves of the banking system will immediately

A) increase by the amount of the purchase.
B) increase by more than the amount of the purchase.
C) remain constant.
D) decrease by the amount of the purchase.
E) decrease by more than the amount of the purchase.


A

Economics

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Using the data in the above table, if the firm employs 3 workers, total product (measured in units per day) and average product and marginal product of the third worker (measured in units per worker) are

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In the long run, if the demand curve of a monopolistically competitive firm is tangent to its average total cost curve then

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The decline of the poverty rate for the elderly can be attributed to

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