Which of the following will decrease the money supply?
A) an increase in the discount rate (relative to the federal funds rate)
B) an increase in the required reserve ratio
C) an open market purchase by the Fed
D) a and b
E) a, b, and c
D
Economics
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Corporate managers and shareholders always have the same goals
Indicate whether the statement is true or false
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You put $75 in the bank one year ago and forgot about it. The bank sends you a notice that you now have $81 in your account. What interest rate did you earn?
a. 5 percent b. 6 percent c. 7 percent d. 8 percent
Economics