The policy tool of changing reserve requirements is
A) the most widely used.
B) the preferred tool from the bank's perspective.
C) no longer used.
D) still used, even with its disadvantages.
C
Economics
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The monetary base is the sum of
A) coins, Federal Reserve notes, and banks' reserves at the Fed. B) Federal Reserve notes, Treasury deposits at the Fed, banks' reserves at the Fed, and coins. C) coins, Federal Reserve notes, and individuals' deposits at the Fed. D) coins, Federal Reserve notes, and gold at the Fed. E) Federal Reserve notes and banks' reserves at the Fed.
Economics
Which of the following is not a characteristic of a perfectly competitive market?
A. a large number of firms in a market B. selling a standardized product C. substantial barriers to entry D. an individual firm having no control over price
Economics