What would be a way for the Federal Reserve to stimulate an economy that is? sluggish?
A) buy government bonds on the open market
B) encourage the stock market
C) print more money
D) sell more government bonds
Answer: A) buy government bonds on the open market
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If everyone has a dominant strategy in a simultaneous move game, then the action that is played by that strategy is played in all stages of any finitely repeated version of that game in any subgame perfect equilibrium.
Answer the following statement true (T) or false (F)
Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is $9?
A) $180,000 B) $90,000 C) $60,000 D) $210,000
Refer to Figure 9-3. If there was no quota, how many pounds of peanuts would domestic producers supply?
A) 10 million B) 28 million C) 30 million D) 40 million
The Fed can influence the money supply by
a. changing how much it lends to banks. b. changing the interest rate it pays banks on the reserves they are holding. c. using open-market operations. d. All of the above are correct.