Which of the following is the most frequently used tool of monetary policy?

a. changing the discount rate
b. changing reserve requirements
c. open market operations
d. interest rate changes

c

Economics

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The MR = MC rule is no longer accepted by most economists as representing the behavior of firms

Indicate whether the statement is true or false

Economics

Full employment to the classical school means that all workers

a. in the labor market are employed b. at any given wage rate are or will be employed c. who work at the equilibrium wage rate would not have been willing to work for less or more d. who are willing to work at the equilibrium wage rate are employed e. who are in the labor force are employed all the time

Economics