The Fed accidentally discovered open market operations in the early
A) 1920s.
B) 1910s.
C) 1900s.
D) 1890s.
A
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Leaving open-access resources open to all people but restricting the intensity of the use of the resources assigns
A) permanent property rights to the government. B) temporary property rights to those people given permission to use the resource. C) property rights to no one since the intensity of the use of the resource has been restricted. D) property rights to everyone since the resource is available to be used by everyone.
This agency regulates workplace safety and health conditions
A) Environmental Protection Agency B) Consumer Product Safety Commission C) Equal Employment Opportunity Commission D) Occupational Safety and Health Administration
Refer to the above graph. To maximize profits, the firm should produce the quantity:
a. 0C b. 0A c. 0K d. 0B
Use the following graph to answer the next question.
What combination would most likely cause a shift from AD1 to AD3?
A. A decrease in taxes and a decrease in government purchases B. An increase in taxes and a decrease in government purchases C. A decrease in taxes and an increase in government purchases D. An increase in taxes and an increase in government purchases