Which of the following policy tools is the federal reserve the least likely to use in order to actively change the money suppl

Producing more cabbage is efficient if

a. cabbage production can be increased without reducing production of other goods. b. the opportunity cost of more cabbage is less than its marginal utility. c. society values the additional cabbage more highly than the lettuce it must give up to produce the extra cabbage. d. All of the above are correct.

The objective of the Fed and the government is to

A. prevent asset bubbles by recognizing them in real time. B. mitigate the consequences of asset bubbles by recognizing them in real time. C. prevent asset bubbles by recognizing bad lending practices. D. mitigate the consequences of asset bubbles by recognizing bad lending practices.