If the Fed buys $2 billion of short-term securities issued by the government of Japan and pays for them by writing a check for $2 billion,
A) its assets will rise by $2 billion and the monetary base will rise by $2 billion.
B) its assets will fall by $2 billion and the monetary base will fall by $2 billion.
C) its assets will rise by $2 billion and the monetary base will fall by $2 billion.
D) its assets will fall by $2 billion and the monetary base will rise by $2 billion.
A
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To calculate GDP using the value-added method, one would add up
A) the market value of intermediate goods and services produced during a particular period. B) the value added by each firm involved in the production of final goods and services. C) the market value of final goods and services produced during a particular period. D) only the value added by the underground economy.
Beta measure overall risk in the stock market
Indicate whether the statement is true or false
One inconvenience of commodity money is the need for
a. money to be divisible. b. uniform quality. c. portability. d. All of the above are correct.
All students should go on to college.
A. True B. False C. Uncertain