A decrease in the interest rate will:
a. increase the amount of money supplied by lenders

The bargaining power of suppliers increases if

A) the input supplied is relatively standardized. B) the input in question is not a critical component of production. C) the cost of switching suppliers is relatively low. D) there are only a few competitors to the supplier.

If you were the chairman of the Fed and had to develop effective countercyclical monetary policy during a recession, you would lower

a. the legal reserve requirement, cut the discount rate, and sell government bonds on the open market b. the legal reserve requirement, raise the discount rate, and sell government bonds on the open market c. the legal reserve requirement, raise the discount rate, and buy government bonds on the open market d. the discount rate, cut the discount rate, and raise the margin requirement e. the reserve requirement, lower the discount rate, and buy government bonds on the open market