Which of the following is a tool the Federal Reserve System can use to regulate the quantity of money?

i. changing the discount rate
ii. conducting open market operations
iii. changing the required reserve ratio
A) i only B) ii only C) i and ii D) ii and iii E) i, ii, and iii


E

Economics

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An example of a good or service that would not count in the U.S. GDP would be:

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Suppose the European Union has a Nominal GDP of 20 trillion Euros, and their GDP deflator is 125. What is the European Union’s Real GDP?

A. 25 trillion Euros B. 16 trillion Euros C. 0.16 trillion Euros

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As farm productivity increases faster than demand:

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Economics