The most powerful (but seldom used) tool at the Federal Reserve's disposal is
A. the ability to set reserve requirements.
B. the discount rate.
C. open market operations.
D. margin requirements on stock purchases.
A. the ability to set reserve requirements.
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If a production process exhibits diminishing returns, then as output rises:
A. total fixed cost will eventually increase. B. total revenue will eventually decrease. C. marginal cost will eventually increase. D. average total cost will eventually decrease.
If the United States exports planes to Brazil and imports ethanol from Brazil, the price received by U.S. producers of planes ________, and the price received by Brazilian producers of ethanol ________
A) does not change; does not change B) rises; rises C) rises; falls D) falls; rises E) falls; falls
What is marginal revenue?
What will be an ideal response?
Expansionary monetary policy actions will ________ the price of farm commodities
Fill in the blank(s) with correct word