If Qs = -20 + 10p, and Qd = 400 - 20p, what is the equilibrium quantity?

A) 440
B) 146.6
C) 360
D) 120

A

Economics

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A larger labor force will allow the economy to produce more total output

Indicate whether the statement is true or false

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When Federal Reserve Banks add to their holdings of government securities,

A) commercial banks must reduce their net lending. B) commercial bank reserves increase. C) the Fed is extending less credit to the economy. D) the stock of money declines.

Economics