Which of the following situations is likely to lead to dynamic open market operations?

A) A recession
B) An increase in Federal Reserve float
C) An increase in Treasury cash holdings
D) An increase in currency outstanding


A

Economics

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A) is the same at all points along that line. B) cannot be defined. C) changes from one point to the next on that line. D) is always equal to zero.

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_________ inflation can be explained by an ________ shift in the aggregate _________ curve

a. Demand-pull, leftward, demand b. Cost-push, rightward, supply c. Demand-pull, leftward, supply d. Cost-push, rightward, supply

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When comparing the salaries of a superstar CPA and a superstar golfer,

a. both can earn tremendously high salaries because both can meet with millions of clients. b. the superstar CPA will not earn as much as the superstar golfer because superstar accountants do not have access to the same sophisticated technologies that superstar golfers do. c. the superstar CPA will not earn as much as the superstar golfer because a superstar accountant can only work with a limited number of clients per day, whereas millions of fans can enjoy the services provided by a superstar golfer on a given day by watching a televised tournament. d. the superstar CPA will not earn as much as the superstar golfer because customers are unable to distinguish superstar accountant from a mediocre accountant.

Economics

 According to the graph shown, total surplus is:

A. $50. B. $90. C. $130. D. $25.

Economics