Refer to the diagram for the federal funds market. If the Fed wants to raise the federal funds rate from i f1 to i f3 , it should:
A. lower the reserve ratio.
B. loan more funds at the discount rate.
C. buy bonds from the banks and the public.
D. sell bonds to banks and the public.
D. sell bonds to banks and the public.
Economics
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It's logical, it's a rule of thumb, it's an economic guideline: As long as MR < MC, and the firm responds by decreasing the quantity it produces,
a. profit will equal zero b. profit will increase c. profit will decrease d. profit will remain unchanged e. the firm will minimize loss
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Entry barriers mean a true monopoly ______.
a. has many firms b. has only one firm c. welcomes many firms d. requires varied products
Economics