A matched sale-purchase agreement of government securities by the Fed
A) permanently increases bank reserves.
B) temporarily increases bank reserves.
C) permanently reduces bank reserves.
D) temporarily reduces bank reserves.
D
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What is the total profit to the monopolist from selling the goods separately?
a. $4,500 b. $6,300 c. $7,000 d. $6,200
A good whose demand is directly related to income is a(n)
A. new good. B. inferior good. C. regular good. D. normal good.
Projections of the trajectory of discretionary relative to mandatory spending made in 2016 had
A. mandatory spending's portion growing. B. the two remaining equal for the next decade. C. both mandatory and discretionary spending remaining relatively constant. D. discretionary spending's portion growing.
In the expansion phase of a business cycle
A. the inflation rate and productive capacity decrease. B. employment increases, but output decreases. C. the inflation rate decreases, but productive capacity increases. D. employment and output increase.