When the Fed sells $100 worth of bonds to a primary dealer, reserves in the banking system
A) increase by $100.
B) increase by more than $100.
C) decrease by $100.
D) decrease by more than $100.
C
Economics
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If finding the last stamp to complete your collection makes you even happier than finding the first, then your
a. marginal utility is zero b. marginal utility is negative c. total utility is decreasing d. total utility is constant e. marginal utility is not diminishing
Economics
Without targeting the deficit, which of the following is likely to occur after a negative aggregate demand shock?
A. Y? ? T? ? deficit? B. Y? ? T? ? deficit? ? G? ? AD? ? Y? C. Y? ? T? ? deficit? D. Y? ? T? ? deficit? ? G? ? AD? ? Y?
Economics