In 2008, the Fed utilized expansionary monetary policy which was made
a. more effective as banks held more excess reserves.
b. less effective as banks held more excess reserves.
c. more effective as banks held less excess reserves.
d. less effective as banks held less excess reserves.
b
Economics
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Thomas Jefferson strongly influenced the passing of the Land Ordinances of 1785 and 1787
A close study of those ordinances suggests that Jefferson believed in the importance of securing the private rights of individuals to buy, sell and derive income from their land. Indicate whether the statement is true or false
Economics
Refer to the total revenue graph below. When the seller is earning maximum revenues from selling Product X, the demand is:
A. Elastic
B. Inelastic
C. Unit-elastic
D. Perfectly inelastic
Economics