Which of the following will the Federal Reserve do in order to increase the money supply?
a. sell government bonds
b. buy corporate bonds
c. sell common stock
d. buy government bonds
e. increase the salaries of its governors
D
Economics
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Which one of the following factors reduces the likelihood that a cartel agreement will lead to higher producer profit?
a. significant barriers to entry into the cartelized market b. the development of substitutes for the good produced by the cartel c. government restrictions that limit competition from new rivals d. a small number of sellers involved in the cartel agreement
Economics
You won the lottery in 2006 for $22 million and gave your sister $500,000. Your winning contributed how much to GDP?
A. $500,000 B. $22 million C. $0 D. $21.5 million
Economics