You can invest $100,000 into either project A or B. You estimate that A would succeed with a probability of 0.6 in which case it doubles in value. If it fails, its scrap value is $50,000 . Project B would succeed with probability 0.7, in which case it would have a value of $150,000 . If it fails, project B's scrap value is $30,000 . Which project should you invest in

In the short run, to decrease the interest rate, the Federal Reserve ________ the quantity of money by ________ government securities

A) decreases; buying B) increases; selling C) decreases; selling D) increases; buying E) None of the above answers is correct because in the short run, the Federal Reserve cannot change the interest rate.

Unlike demand-pull inflation, cost-push inflation:

A. is self-limiting. B. drives up the price level. C. increases nominal income. D. increases real income.