Suppose that the current federal funds rate is above the federal funds target rate. In order to lower the federal funds rate the Fed will ________________ securities on the open market which will ________________ the supply of reserves in the market for reserves, pushing the rate closer to the target rate

Imagine a country that is immense in size, has extensive resources, and is positioned in a geostrategic location of great importance. At some point in the future, it may very well be asked to join which group of countries?

Economists use game theory to analyze strategic behavior, which takes into account

A) monopoly situations. B) the expected behavior of others and the recognition of mutual interdependence. C) the price-taking behavior of oligopolists. D) non-price competition. E) that increased demand decreases the market power of the firms in the market.