The principal mechanism for directly changing the reserves of the banking system is:

A. The discount rate.
B. The reserve requirement.
C. Open-market operations.
D. The federal funds rate.

C. Open-market operations.

Economics

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The incentive structure is a

A) system of rewards and punishments that individuals consider when making decisions. B) system determined by the federal government that gives certain states more federal funds. C) system of infrastructure in the United States that improves commerce. D) system of checks and balances in the government.

Economics

Under rent control, tenants can expect

a. lower rent and higher quality housing. b. lower rent and lower quality housing. c. higher rent and a shortage of rental housing. d. higher rent and a surplus of rental housing.

Economics