To decrease the money supply, the Fed may sell government securities or lower taxes
Indicate whether the statement is true or false
False
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A common property is
a. both nonrivalrous and nonexcludable. b. nonrivalrous, but not nonexcludable. c. nonexcludable, but not nonrivalrous. d. either nonrivalrous or nonexcludable, but not both.
Since the early 1970s, welfare benefits have declined,
a. which is largely due to the success of the negative income tax program. b. which is largely due to the success of private charities. c. yet the percentage of children living with only one parent has increased. d. and the percentage of children living with only one parent has decreased.
Real business cycle theory explains changes in employment and output by focusing on
A. changes in monetary policy. B. the interaction of fiscal and monetary policies. C. changes in fiscal policy. D. real supply-side factors.
The Yum Yum Bubble Gum Company rents space in a warehouse to store its inventory. The owner of the warehouse just lowered the rent he charges the Yum Yum Bubble Gum Company. Everything else equal, the rent decrease is likely to ________ Yum Yum's optimal level of inventory.
A. reduce to zero B. decrease C. not change D. increase