Currency outside of banks increases from $100 million to $200 million. This change is considered

A) a currency drain.
B) a decrease in the monetary base.
C) expansionary monetary policy.
D) contractionary monetary policy.


A

Economics

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If Y = A × N × (75 + K/N), where K = 1000, N = 20, and A = 10, what happens if K doubles and N doubles?

A) Y is unchanged. B) Y increases by 50%. C) Y doubles. D) Y quadruples.

Economics

Make or buy decisions affect the degree of vertical integration

Indicate whether the statement is true or false

Economics

When the price of a bond rises, the interest rate paid on the bond also rises.

a. true b. false

Economics

Which of the following participants in the working of a firm are referred to as residual claimants?

A. entrepreneurs B. workers C. managers D. all of these

Economics