Banks can obtain funds to make loans by borrowing reserves from other banks through the federal funds market
Indicate whether the statement is true or false
TRUE
Economics
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Why do some firms use large amounts of capital and small amounts of labor while others use small amounts of capital and large amounts of labor?
What will be an ideal response?
Economics
When self-correction works to eliminate an expansionary gap, _____
a. both money wages and real wages increase b. money wages increase while real wages decrease c. both money wages and real wages decrease d. money wages decrease while real wages increase e. money wages remain unchanged
Economics