A soil bank program usually accompanies a price ceiling program in agriculture

If the Fed conducts an open market purchase of Treasury bonds, this will

A) encourage banks to make more loans and will increase the money supply. B) encourage banks to make more loans and will decrease the money supply. C) cause banks to reduce their loans and will increase the money supply. D) cause banks to reduce their loans and will decrease the money supply.

Between 1960 and 2011, U.S. health care spending as a percentage of domestic output:

A. more than tripled. B. more than quadrupled. C. declined by one-half. D. remained relatively constant.