By law, the Federal Reserve is barred from
A. raising the reserve ratio to 20%.
B. lowering the discount rate to 2%.
C. selling more than $5 billion in United States government securities during any month.
D. buying more than $5 billion in United States government securities during any month.
A. raising the reserve ratio to 20%.
You might also like to view...
A firm will shut down in the short-run if
a. P>AVC
b. P
The existence of public goods can be a source of market failure.
Answer the following statement true (T) or false (F)
You have chosen to take a trip during spring break. If you had not gone, you would either have worked at a temporary job or studied for exams. The opportunity cost of your trip is
A) the wages you would have earned from working. B) the lower grade earned by not studying. C) the wages you would have earned from working and the lower grade earned by not studying. D) the value of the tri
Patty spends $10 a week on bagels and soda. The price of a bagel is $2 and the price of soda is $1 a can. Patty buys 2 bagels and 6 cans of soda. Her marginal utility from bagels is 20 units
The price of a bagel rises to $3 and the price of a can of soda rises to $1.50. Patty now buys ________ bagels and her marginal utility from bagels ________. She buys ________ cans of soda and her marginal utility from soda ________. A) fewer than 2; increases; fewer than 6; increases B) 2; is 20 units; 6; is 10 units C) fewer than 2; is 20 units; fewer than 6; is 10 units D) fewer than 2; decreases; fewer than 6; decreases