In response to the recession of 2008-2009, the Fed doubled its asset holdings from $925 billion at mid-year 2008 to more than $2 trillion by mid-year 2009 . This policy
a. reduced the reserves available to banks, leading to a larger money supply.
b. reduced the reserves available to banks, causing the money supply to decline.
c. increased the reserves available to banks, leading to a larger money supply.
d. increased the reserves available to banks, causing the money supply to decline.
C
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The following is not associated with bid-rigging
a. bid-riggers bidding their true value b. "knockout" auctions c. bid rotations d. amnesty to the first conspirator willing to testify against fellow conspirators
When income is allocated to two goods, x and y, consumer equilibrium occurs when
a. MUx = MUy b. MUx = MUy, and the budget is exhausted c. MUx/Py = PUx/Py d. MUx/Py = PUx/Py, and some money is not spent e. MUx/Py = PUx/Py, and the budget is exhausted
Suppose the figure below shows the demand curve, marginal revenue curve and marginal cost curve for a monopolist. 
The socially optimal level of output is ________ units per day.
A. G B. F C. H D. I
Which of the following is most likely to cause a leftward shift in the demand curve for the Chinese yuan in exchange of the U.S. dollar?
A) An increase in the demand for U.S. products in China B) A decrease in the demand for Chinese products in the U.S. C) A decrease in the demand for U.S. products in China D) An increase in the demand for Chinese products in the U.S.