If the market federal funds rate were above the target rate, the response from the Fed would likely be to:
A. lower the IOER.
B. lower the discount rate.
C. sell U.S. Treasury securities.
D. purchase U.S. Treasury securities.
Answer: A
Economics
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With no change in labor productivity, what would happen to the real wage rate and potential GDP if the population increased?
What will be an ideal response?
Economics
Assume that corn and soybeans are alternatives that could be grown by most farmers. An increase in the price of corn will
a. increase the supply of corn b. increase the supply of soybeans c. decrease the supply of soybeans d. decrease the supply of corn e. have no effect on the supplies of corn and soybeans
Economics