Decisions regarding purchases and sales of government securities by the Fed are made by the:
a. Federal Funds Committee.
b. Discount Committee.
c. Federal Open Market Committee.
d. FDIC.
c
Economics
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All else constant, there is an inverse relationship between the price elasticity of demand and the marginal revenue resulting from a decrease in price
Indicate whether the statement is true or false
Economics
Automobile manufacturers often use incentive programs, including special financing rates and cash rebates, to increase sales. However, a customer is usually restricted to choosing either the low financing rate or the rebate, but not both
Is this an example of price discrimination? If so, what type? Explain your reasoning.
Economics