When the Fed ________, the quantity of banks' reserves decreases
A) hikes taxes
B) buys government securities
C) lowers the required reserve ratio
D) sells government securities
E) raises the required reserve ratio
D
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The table below shows the weekly supply for hamburgers in a market where there are just three sellers.PriceSeller 1 Qs 1Seller 2 Qs 2Seller 3 Qs 3$5854464334322221 If the price of a hamburger increases from $3 to $5, then the weekly market quantity of hamburgers supplied will
A. decrease from 17 to 9. B. decrease from 17 to 13. C. increase from 9 to 17. D. increase from 13 to 17.
If you are told that in a given year the real growth rate is 7% with inflation and population growth rates of 2% and 1.2% respectively, then nominal growth rate of GDP per capita is:
A. 3.8%. B. 5.0 %. C. 5.8%. D. 7.0 %.
An increase in an economy's capital stock increases its future productive capacity
a. True b. False Indicate whether the statement is true or false
Assume that corn and soybeans are alternatives that could be grown by most farmers, An increase in the price of corn will
What will be an ideal response?