Suppose the Fed buys $1 million of government securities from Bank One, a large commercial bank. Bank One's reserves ________ and its deposits ________
A) increase by $1 million; do not change
B) increase by $1 million; increase by $1 million
C) do not change; increase by $1 million
D) do not change; do not change
E) decrease by $1 million; do not change
A
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The positive effect of having more potential volunteers resulting in a greater likelihood of a beneficial outcome is known as the diffusion effect
Indicate whether the statement is true or false
If the elasticity of demand for good ALPHA is 2.0,
A. A 10% fall in the price of ALPHA will raise quantity demanded by 2%. B. A price increase will raise total revenue for sellers. C. A 17% increase in the price of ALPHA will lower quantity demanded by 17%. D. A 10% rise in the price of ALPHA will lower quantity demanded by 20%.
Refer to the information provided in Figure 15.2 below to answer the question(s) that follow. Figure 15.2 Refer to Figure 15.2. If We Do Hair is maximizing profit as a monopolistically competitive firm, its total revenue equals
A. $1,280. B. $1,320. C. $1,200. D. $600.
Real interest rates were negative during most of the
A) 1960s. B) 1970s. C) 1980s. D) 1990s.