If the supply of a good is relatively elastic, this means that the quantity supplied of the good is

If the dollar depreciates against the euro it means that French-made goods become more expensive in the United States

Indicate whether the statement is true or false

The lower the discount rate relative to the federal funds rate, the more likely a commercial bank will borrow from

A) another commercial bank instead of the Fed. B) the Fed instead of another commercial bank. C) the U.S. Treasury instead of either the Fed or another commercial bank. D) the public.